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
Walking for Hope: Jacksonville unites to end Alzheimer’s this Sunday

Jacksonville Rallies Together: Join the ‘Walk for Hope’ to Combat Alzheimer’s This Sunday

Alzheimer’s disease affects millions globally. On Sunday, November 9, Jacksonville will come…
Socialist Hypocrite Mamdani Jets to Luxury Puerto Rico Resort

Exposing the Double Standards: Socialist Mamdani’s Lavish Puerto Rico Getaway

It’s unfortunate that many young people today lack a deep understanding of…
St. John's has big payroll without revenue sharing — for now

St. John’s Faces Financial Strain with Expanding Payroll Amidst Lack of Revenue Sharing

This revelation wasn’t exactly groundbreaking; rather, it served as a reminder of…
Mexican President Sheinbaum to press charges after man gropes her on walk

Mexican President Sheinbaum Pursues Legal Action Following Public Groping Incident

In a bold move for women’s safety, Mexican President Claudia Sheinbaum has…
Virginia teacher shot by 6-year-old student 'thought she was dead' as bodycam emerges

Virginia School Shooting: Jury Weighs In on Alleged Negligence in Ignored Gun Warnings

The civil trial involving a Virginia educator, who was wounded by a…
Air traffic cuts begin Friday morning: Updates around the country

Nationwide Air Traffic Reductions Set to Start Friday Morning: Latest Updates

Airports across more than two dozen states are experiencing flight reductions, and…
The FAA is slashing flights because of the shutdown. Here's what travelers can expect

FAA Reduces Flight Schedules Amid Shutdown: What Travelers Need to Know

Starting Friday, air travelers within the United States will face fewer flight…
Iowa student flipped Turning Point USA table on campus in viral video that led to arrest: docs

Iowa Student’s Viral Turning Point USA Table Flip Results in Arrest: Campus Incident Sparks Debate

An incident at the University of Iowa led to the arrest of…
A-list actor deemed unrecognizable in Michael Jackson biopic

Hollywood Star Transforms Beyond Recognition for Michael Jackson Biopic Role

Miles Teller has undergone a striking transformation for his role in the…
Florida AG files lawsuit against Planned Parenthood, claims abortion drugs are 'misrepresented'

Florida Attorney General Sues Planned Parenthood Over Alleged Misrepresentation of Abortion Medications

JACKSONVILLE, Fla. — On Thursday, Florida Attorney General James Uthmeier declared legal…
Illinois 4th Congressional District Rep. Jesús 'Chuy' García discusses decision to not run for reelection, anoint chief of staff

Rep. Jesús ‘Chuy’ García Steps Down: The Surprising Decision and His Successor in Illinois’ 4th District

CHICAGO (WLS) — In an exclusive conversation with ABC7 Chicago, Representative Jesús…
Ex-DOJ worker who hurled sandwich at federal officer found not guilty

Former Department of Justice Employee Acquitted in Incident Involving Sandwich Thrown at Federal Officer

A former Department of Justice employee, who faced trial for allegedly hurling…