Share this @internewscast.com

Former Twitter executives including CEO Parag Agrawal, Chief Financial Officer Ned Segal, head of legal Vijaya Gadde and General Counsel Sean Edgett filed a new lawsuit against Elon Musk and X Corp. in federal court arguing that they are owed $128 million in unpaid severance.

In their complaint, lawyers for the ex-Twitter executives say that after Musk backed himself into a deal to buy Twitter, now X Corp., for $44 billion, he took revenge against these executives personally, and tried to recover some of his expenses by “repeatedly refusing to honor other clear contractual commitments.”

Musk and X Corp. have been “stiffing employees, landlords, vendors, and others” since they took over Twitter, the lawyers allege, an allusion to more than 25 vendor nonpayment lawsuits filed against the social media business by companies including software and service providers and a landlord.

“Musk doesn’t pay his bills, believes the rules don’t apply to him, and uses his wealth and power to run roughshod over anyone who disagrees with him,” the complaint says.

The complaint also alludes to comments Musk made to his official biographer, Walter Isaacson, that “he would ‘hunt every single one of’ Twitter’s executives and directors ‘till the day they die.’”

The ex-Twitter executives’ lawyers argue, “These statements were not the mere rantings of a self-centered billionaire surrounded by enablers unwilling to confront him with the legal consequences of his own choices. Musk bragged to Isaacson specifically how he planned to cheat Twitter’s executives out of their severance benefits in order to save himself $200 million.”

The suit, Agrawal et al v. Musk et al, was filed in California’s Northern District and follows news that settlement talks between X Corp. and ex-Twitter managers broke down in a related case in Delaware, Woodfield v. Twitter Inc., where $500 million in unpaid severance to former Twitter managers and engineers is in dispute.

Representatives for X Corp. and Elon Musk did not immediately respond to CNBC’s request for comment.

Share this @internewscast.com
You May Also Like
DHS defends ICE detainment of Georgia college student who violated traffic laws: 'Not ignoring rule of law'

DHS Justifies ICE’s Detainment of Georgia Student for Traffic Violations: Upholding the Law

<!–> Democrats Redirect Deportation Debate to ‘Due Process’ Fox News senior congressional…
Prince Harry on a phone call, knocking on a door in Fulham.

Prince Harry Accidentally Knocks on Wrong Door While Looking for Friend, Expresses Concerns About Safety in UK Without Police Protection

PRINCE Harry is pictured on a doorbell camera — calling at houses…
ICE arrests ‘criminal alien’ released from prison with sex crimes conviction: 'He won’t be welcome back'

ICE Apprehends Convicted Sex Offender After Prison Release: ‘No Longer Welcome’

A “criminal alien” and “suspected terrorist” who served 19 years in prison…
Librarian of Congress Carla Hayden fired by Trump

Trump Removes Carla Hayden from Librarian of Congress Position

Carla Hayden was the first woman and the first African American to…
Donald Trump in a blue suit and red tie outside the White House.

Trump Appoints Fox News Personality to Key Washington Position, Praising Her as Unique

DONALD Trump has selected Fox News star Jeanine Pirro to be a…
Close-up of a person wearing a dark hooded sweatshirt.

Chilling Bryan Kohberger Selfie Resembling Ted Bundy’s Look Revealed Amid Allegations of ‘Carving Vicim’s Legs’

BRYAN Kohberger, displaying an unsettling expression in a hooded selfie, reportedly immersed…
Clarendon Hills, Illinois small business The Park Planners helps families plan, book trips to Disney, other amusement parks

Clarendon Hills, Illinois Small Business, The Park Planners, Assists Families with Disney and Amusement Park Trip Planning and Booking

CLARENDON HILLS, Ill. (WLS) — If Disney is the happiest place on…
Chicago chef Felix Zepeda of Rosca collaborates with Pilsen panadería to sell bagels with Mexican twist; for sell at

Chicago’s Rosca Chef, Felix Zepeda, Teams Up with Pilsen Panadería to Launch Mexican-Infused Bagels for Sale

CHICAGO (WLS) — Like Chicago, Rosca is a melting pot of flavors…
Tufts University student detained by ICE granted bail by federal judge

Federal Judge Grants Bail to Tufts University Student Detained by ICE

A federal judge in Vermont has approved the release on bail for…
Gates on Musk: 'World’s richest man killing the world’s poorest children'

Gates Criticizes Musk: Claims “World’s Wealthiest Man is Harming Impoverished Children”

(The Hill) – Billionaire entrepreneur Bill Gates criticized Elon Musk for advising…
Pope Leo XIV's has deep roots on Chicago's South Side and south suburbs, including teaching at St. Rita High School

Pope Leo XIV Has Strong Ties to Chicago’s South Side and Suburbs, Previously Taught at St. Rita High School

CHICAGO (WLS) — Pope Leo and his family have a long history…
A$AP Rocky teases baby name for his and Rihanna's third child

A$AP Rocky Hints at the Name of His and Rihanna’s Third Baby

A$AP Rocky has hinted at the potential name of his and Rihanna’s…