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Former Twitter Legal Chief, General Counsel and Other Executives Sue Elon Musk for Severance

Former Twitter Legal Chief, General Counsel and Other Executives Sue Elon Musk for Severance

News Admin by News Admin
March 5, 2024
in Litigation
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4 of essentially the most senior members of Twitter’s previous C-suite are suing Elon Musk for greater than $128.6 million, claiming the brand new proprietor of the social media large schemed to bilk them out of their contractual severance to avoid wasting $200 million after shopping for the location again in 2022. “As a result of Musk determined he didn’t wish to pay plaintiffs’ severance advantages, he merely fired them with out purpose, then made up faux trigger and appointed staff of his numerous corporations to uphold his resolution,” their grievance mentioned.

A federal complaint filed Monday in San Francisco by Sidley Austin legal professionals says Musk had it out for Twitter’s former Chief Government Officer Parag Agrawal, Chief Monetary Officer Ned Segal, Chief Authorized Officer Vijaya Gadde, and Basic Counsel Sean Edgett, and informed his biographer Walter Isaacson that he would hearth them “for trigger” earlier than their inventory choices might vest. Apparently Musk was livid that he needed to undergo with buying the corporate, and allegedly mentioned he would “hunt each single certainly one of” Twitter’s executives and administrators “until the day they die.”



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