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Former Twitter executives, including Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal, Chief Legal Officer Vijaya Gadde and General Counsel Sean Edgett, Elon Musk and X Corp. filed a lawsuit against him in federal court for more than $128 million. pay.
Previous Twitter executives claimed that Musk personally wanted revenge on X Corp. after organizing them. According to the lawsuit, $44 billion came from Twitter. The lawsuit alleges that Musk repeatedly broke promises and engaged in a course of conduct designed to reduce X Corp.’s debt.
Lawyers representing former Twitter executives, Musk and X Corp. Neglecting to meet financial obligations to employees, landlords, suppliers and other parties since taking control of Twitter. They cited more than 25 vendor lawsuits filed against the social media platform by companies, including software vendors and landlords.
The complaint describes Musk ignoring traditional rules and using his wealth and influence against those who oppose him. He referenced Musk’s statement that he intended to hold Twitter executives and managers accountable.
The lawsuit over comments about Musk was also filed against biographer Walter Isaacson, who allegedly talked about a money-cutting plan that would benefit Twitter executives and save $200 million.
A law called Agrawal et al. v. Musk et al. Filed in the Northern District of California. It was previously reported that X Corp.’s meeting would be held. and Woodfield v. a former Twitter executive. , is faulty. Twitter Inc. is also headquartered in Delaware. The second case involves a dispute over $500 million in unpaid severance payments to former Twitter executives and engineers.