Elon Musk, X facing $128M severance lawsuit from former Twitter executives
Four former Twitter executives, including CEO Parag Agrawal, have filed a lawsuit against Elon Musk and X Corp. (X) — alleging that they’re owed more than US$128 million in severance payments.
According to the suit, filed in California’s Northern District, the executives claim that Musk has a “special ire” towards them because they prevented him from backing out of his multibillion-dollar acquisition of the social media platform.
They were told in their termination letters that they committed “gross negligence” and “willful misconduct”, but no evidence was provided to support the allegations.
“This is the Musk playbook: to keep the money he owes other people, and force them to sue him,” the lawsuit reads.
“Even in defeat, Musk can impose delay, hassle, and expense on others less able to afford it.”
Musk and X are already facing several lawsuits from former Twitter employees who claim that they weren’t provided proper severance.
SEE ALSO
• Musk, X facing $500M class action over severance payments
• X, formally Twitter, accused of age discrimination during November layoffs
• Elon Musk to Twitter staff: Be ‘extremely hardcore’ or quit
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