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Former Twitter CEO Parag Agrawal and Other Executives Sue Elon Musk Over Severance Payments

Elon Musk finds himself embroiled in yet another legal battle, this time with four former top Twitter executives seeking over $128 million in unpaid severance. The lawsuit, filed in federal court, alleges that Musk, mere minutes after acquiring Twitter and rebranding it as X, terminated the executives and falsely accused them of misconduct.

Former CEO Parag Agrawal, along with Ned Segal, Vijaya Gadde, and Sean Edgett, claim that Musk denied them promised severance pay and stock options, totaling one year’s salary each. They assert that Musk’s actions are part of a pattern to withhold owed funds and force individuals into legal action.

This lawsuit adds to a series of legal challenges faced by X, including proposed class actions from laid-off workers seeking severance and another lawsuit from former senior managers with similar claims. X has denied any wrongdoing but has faced previous legal action for non-payment to various parties.

The former executives deny the allegations of gross negligence and willful misconduct cited by Musk as grounds for their termination. As the legal saga unfolds, X has yet to respond to requests for comment on the matter.

Musk’s acquisition of Twitter has stirred controversy and legal wrangling, with this lawsuit being the latest chapter in the ongoing saga. As the litigation progresses, the outcome will shed light on the complexities surrounding corporate acquisitions and executive severance agreements in the tech industry.

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Ruben Jay
Ruben Jay
Ruben Jay is an American broadcaster, media blogger, and podcast host. Currently, Ruben is the President of MultiMediaMouth.com and the executive producer and host of the popular podcasts You’re My Best Friend and ON AIR with Ruben Jay, exclusively on MultiMediaMouth.com. Follow Ruben on Instagram, Twitter, and Tiktok @TheRubenJay.

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