According to CNBC , former senior Twitter executives, including CEO Parag Agrawal, CFO Ned Segal, head of legal Vijaya Gadde and general counsel Sean Edgett, have just filed a lawsuit against Elon Musk and X Corp.
Musk is accused of failing to comply with a contract agreement with former employees (Photo: CNBC).
The lawsuit alleges that the billionaire failed to comply with a contractual agreement with employees who were fired after the $44 billion acquisition of Twitter in October 2022.
Specifically, Musk is accused of owing $128 million in severance pay. The lawsuit also says Musk intentionally made life difficult for former employees by “repeatedly refusing to honor clear contractual commitments.”
The lawyers also claim that Musk and X Corp have “mistreated employees, landlords, supply partners and many others” since they took over Twitter.
“Musk refuses to pay his debts, insists the rules don’t apply to him, and uses his wealth and power to bully anyone who disagrees with him,” Agrawal’s attorney added.
This isn’t the only severance-related lawsuit Musk and X Corp are facing. The billionaire is also facing a slew of lawsuits from former employees, partners, and contractors, all seeking up to $500 million in damages.
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