Claims exceed 12.8 billion! Musk was pursued by 4 former executives for sky high severance pay

Mondo Technology Updated on 2024-03-07

According to Reuters 5**, 4 former Twitter (now renamed X) executives sued Musk in the federal court in San Francisco, demanding that he pay more than 1$2.8 billion in termination compensation.

The four plaintiffs previously served as CEO, CFO, Chief Legal Officer, and Legal Counsel at Twitter, respectively. They said that a few minutes after Musk bought Twitter, he fired the four of them for alleged "misconduct" and refused to pay the originally finalized termination compensation. The plaintiff also said: "Musk is good at playing this game, not giving money to others, and forcing others to sue him." According to the report, during Musk's acquisition of Twitter, the four former executives started a lawsuit with Musk, when they sued Musk for trying to reverse his mind after announcing his plan to buy Twitter.

After Musk's acquisition of Twitter, various controversies and legal disputes continued. In addition to the lawsuits filed by the four former executives, there are also a large number of class-action lawsuits filed by former Twitter employees seeking a total of at least $500 million in termination damages, as well as a dismissal claim lawsuit filed by six senior managers.

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