Wed. Jul 3rd, 2024

Former Twitter Execs Sue Elon for More Than $128M in Unpaid Severance<!-- wp:html --><p>Beata Zawrzel/NurPhoto via Getty Images</p> <p>A quartet of ousted <a href="https://www.thedailybeast.com/keyword/twitter">Twitter</a> executives are suing <a href="https://thedailybeast.com/keyword/elon-musk">Elon Musk</a> for allegedly sitting on $128 million in severance payments that he owes them after drumming them out of the company amid his takeover in late 2022.</p> <p>The plaintiffs in <a href="https://www.plainsite.org/dockets/download.html?id=328192987&z=f4bf9e5b">the lawsuit</a>, filed in California’s Northern District on Monday and first reported by <a href="https://www.wsj.com/tech/former-twitter-executives-sue-elon-musk-for-over-128-million-in-severance-ea10f43a?mod=e2twd"><em>The Wall Street Journal</em></a>, are Parag Agrawal, Twitter’s onetime chief executive; Ned Segal, its chief financial officer; Vijaya Gadde, head of legal and policy; and Sean Edgett, general counsel.</p> <p>“Under Musk’s control, Twitter has become a scofflaw, stiffing employees, landlords, vendors, and others,” the lawsuit says. “Musk doesn’t pay his bills, believes the rules don’t apply to him, and uses his wealth and power to run roughshod over anyone who disagrees with him.”</p> <p><a href="https://www.thedailybeast.com/former-twitter-execs-sue-elon-musk-for-more-than-dollar128m-in-unpaid-severance">Read more at The Daily Beast.</a></p><!-- /wp:html -->

Beata Zawrzel/NurPhoto via Getty Images

A quartet of ousted Twitter executives are suing Elon Musk for allegedly sitting on $128 million in severance payments that he owes them after drumming them out of the company amid his takeover in late 2022.

The plaintiffs in the lawsuit, filed in California’s Northern District on Monday and first reported by The Wall Street Journal, are Parag Agrawal, Twitter’s onetime chief executive; Ned Segal, its chief financial officer; Vijaya Gadde, head of legal and policy; and Sean Edgett, general counsel.

“Under Musk’s control, Twitter has become a scofflaw, stiffing employees, landlords, vendors, and others,” the lawsuit says. “Musk doesn’t pay his bills, believes the rules don’t apply to him, and uses his wealth and power to run roughshod over anyone who disagrees with him.”

Read more at The Daily Beast.

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