Four former Twitter executives, including former CEO Parag Agarwal, on Monday sued company owner Elon Musk for more than $128 million in severance pay.
The lawsuit, filed in federal court in California, stems from a year-long dispute after Musk fired executives, citing gross negligence and willful misconduct. They objected to being fired, which Musk cited as a reason for not paying them severance pay.
In addition to Agarwal, the plaintiffs include Ned Segal, the former chief financial officer of Twitter; Vijaya Gadde, its former chief legal officer; and Sean Edgett, the company's former general counsel, according to a Wall Street Journal report.
Musk bought Twitter in October 2022 and renamed it X.
“These are Musk’s rules: keep the money he owes others, and force them to sue him,” the group accused in the lawsuit. “Even in defeat, Musk can impose delays, hassles, and expenses on others who are less able to bear them.”
Representatives for X were not immediately available for comment.
