HomeCrimeElon Musk sued for $128 million by ex-Twitter executives

Elon Musk sued for $128 million by ex-Twitter executives

Elon Musk

Elon Musk, owner of social media platform X, gestures during an event with Britain’s Prime Minister Rishi Sunak in London on Nov. 2, 2023. (AP Photo/Kirsty Wigglesworth, Pool, File)

Four former members of Twitter’s top brass were wrongfully fired by Elon Musk on the eve of his begrudging acquisition of the company in an effort by the billionaire to illegally deny them severance packages, according to a lawsuit filed in federal court on Monday.

“Musk has a special ire toward Plaintiffs Parag Agrawal, Ned Segal, Vijaya Gadde, and Sean Edgett,” the complaint reads. “As the former Chief Executive Officer, Chief Financial Officer, Chief Legal Officer, and General Counsel, respectively, of Twitter, they appropriately and vigorously represented the interests of Twitter’s public shareholders throughout Musk’s wrongful attempt to renege on the deal. For their efforts, Musk vowed a lifetime of revenge.”

In sum, the lawsuit claims Musk attempted to bilk the plaintiffs out of well over $128.59 million in severance pay and stock options.

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