Four former Twitter executives are reportedly suing Elon Musk for $128 million in severance.
Twitter’s former CEO Parag Argrawal, Ned Segal, former CFO, Vijaya Gadde, former head of legal policy and Sean Edgett, former general counsel all sued Musk.
“In their complaint, lawyers for the ex-Twitter executives say that after Musk backed himself into a deal to buy Twitter, now X Corp., for $44 billion, he took revenge against these execs personally, and tried to recover some of his expenses by “repeatedly refusing to honor other clear contractual commitments.”” CNBC reported.
“Musk and X Corp. have been “stiffing employees, landlords, vendors, and others” since they took over Twitter, the lawyers allege, an allusion to more than 25 vendor non-payment lawsuits filed against the social media business by companies including software and service providers and a landlord.” the outlet continued.
“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,” the complaint said.
Musk immediately fired the top Twitter executives who were behind banning Trump and Trump supporters from the social media platform when he acquired the company in October 2022.
