Elon Musk will settle $128M lawsuit with former Twitter execs

Elon Musk volition settee a $128 cardinal lawsuit with 4 Twitter executives whom helium fired aft taking implicit the institution successful 2022.

One of Musk’s first moves upon buying Twitter was to occurrence CEO Parag Agrawal, CFO Ned Segal, and apical lawyers Sean Edgett and Vijaya Gadde. The 4 executives ne'er received severance payments, which they assertion is due to the fact that they tried to clasp Musk to his $44 cardinal committedness erstwhile helium tried to back out of buying the company. The suit adjacent quotes Walter Isaacson’s biography of Musk, which quotes him arsenic saying that helium would “hunt each azygous one” of Twitter’s C-suite “till the time they die.”

While a tribunal filing confirms that the parties person reached a settlement, it’s not yet wide what the presumption of that colony are.

It’s not conscionable these executives who person sued Musk for severance payments. Musk precocious settled a people enactment lawsuit concerning 6,000 laid-off Twitter employees. Many of these erstwhile Twitter unit complained that they received incomplete severance payments oregon did not person severance payments astatine all.