Source: NurPhoto / Getty / Elon Musk
Phony Stark aka Elon Musk's pockets could be a little lighter if fired Twitter executives have their way.
As shown in The lipwhen Tesla chief and X owner Elon Musk reluctantly took over Twitter, he gave a lot of people the boot, including top executives at the social networking company.
Now, those same Twitter executives are coming for their coins they feel Musk owes them, the site reports via The Wall Street Journal's reference.
Former CEO Parag Agrawal, former CFO Ned Segal, former chief legal officer Vijaya Gadde and former general counsel Sean Edgett slapped Musk with a lawsuit seeking more than $128 million in severance pay.
Per The lip:
The same executives who forced Musk to close his $44 billion acquisition in the first place now claim his goal was to “cheat” them out of $200 million before their stock options vested the next morning. They also have an extremely thorough source to explain why he closed the deal and fired them when he did: Elon Musk himself, as mentioned by Walter Isaacson in the biography published last yearElon Musk.
Another quote from the book refers to a conversation between Musk and his lawyer, Alex Spiro. “[H]He tried to quit… but we beat him,” they said, referring specifically to Agrawal. By firing Agrawal before he could send a resignation letter, they apparently believed that would mean the company would not have to pay his severance package.
The suit also alleges that X's board says the company had to pay $90 million to lawyers who successfully got Elon Musk to complete his $44 billion takeover of Twitter.
Call us haters, but we hope these former Twitter executives win this lawsuit.
