elon musk will settle down $128 million lawsuit Along with four Twitter executives whom he fired after taking over the company in 2022.
one of musk first move The purchase of Twitter led to the firing of CEO Parag Agarwal, CFO Ned Segal and top lawyers Sean Edgett and Vijaya Gadde. The four executives never received severance pay, claiming it happened because they tried to renege on Musk’s $44 billion commitment when he tried to do so. escape To buy the company. The lawsuit also cites Walter Isaacson’s biography of Musk, in which he is quoted as saying he would hunt down every single one of Twitter’s C-suite until he died.
Although the petition filed in court confirms that the two parties have reached an agreement, it is not yet clear what the terms of that agreement are.
It’s not just these executives who have sued Musk for severance pay. Musk recently Settled a class action lawsuit About 6,000 fired Twitter employees. Many of these former Twitter employees complained that they received incomplete severance payments or did not receive severance payments at all.
