A group of former Twitter executives sued Elon Musk on Monday in a bid to recover more than $128 million in severance that they allege Musk has not paid since he acquired the company, now called X, more than a year ago.
The executives include former Twitter CEO Parag Agrawal, former CFO Ned Segal, former Chief Legal Officer Vijaya Gadde and former General Counsel Sean Edgett — all of whom were fired within hours after Musk took control of Twitter.
The lawsuit alleges that Musk declined to make the severance payments as a form of “revenge” against the executives after he was forced to go through with the $44 billion acquisition deal, which he had spent months trying to get out of.
