Parag Agrawal Sues Elon Musk: Former Twitter CEO Sues Billionaire for Over USD 128 Million in Severance, Tesla CEO Responds With Emoji
Indian-origin Parag Agrawal, former CEO of Twitter (now called X), and three other employees have sued Elon Musk for about $128 million in unpaid severance.
San Francisco, March 5: Indian-origin Parag Agrawal, former CEO of Twitter (now called X), and three other employees have sued Elon Musk for about $128 million in unpaid severance. Agrawal, along with ex-chief financial officer Ned Segal, former Twitter head of legal and policy Vijaya Gadde and former Twitter General Counsel, Sean Edgett, have filed the lawsuit against the billionaire.
Musk on Tuesday reacted with just an emoji, when a follower posted: 슬롯사이트œParag Agrawal is suing Elon Musk claiming that he did in fact get a lot done that week슬롯사이트�. The lawsuit claimed that the Tesla CEO showed "special ire" towards them by "publicly vowing to withhold their severance payments of around $200 million슬롯사이트�, when he took over Twitter in 2022 for $44 billion. Elon Musk Bought Twitter After Former CEO Refused To Ban Billionaire슬롯사이트™s Jet Tracking Account: Report
Ex-Twitter CEO Parag Agrawal & Others Sue Elon Musk, Seek More Than $ 128 Million In Severance
슬롯사이트œUnder Musk슬롯사이트™s control, Twitter has become a scofflaw, stiffing employees, landlords, vendors, and others. Musk doesn슬롯사이트™t pay his bills, believes the rules don슬롯사이트™t apply to him, and uses his wealth and power to run roughshod over anyone who disagrees with him,슬롯사이트� read the lawsuit, filed in the US District Court for the Northern District of California. Elon Musk Fired Former Indian-Origin Twitter CEO Parag Agrawal Because He Was 'No Fire-Breathing Dragon'
In October 2022, Musk informed Agrawal, Gadde and Segal that their employment with the company was terminated. According to reports, the three top executives had an exit package of more than $100 million when they left the company. Agrawal was set to receive the largest payout at around $40 million, largely due "to the entirety of his shares vesting upon his firing슬롯사이트�.
(The above story first appeared on LatestLY on Mar 05, 2024 09:34 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).