New York
CNN
—
A bunch of former Twitter executives sued Elon Musk on Monday in a bid to recuperate greater than $128 million in severance that they allege Musk has not paid since he acquired the corporate, now known as X, greater than a 12 months in the past.
The executives embrace former Twitter CEO Parag Agrawal, former CFO Ned Segal, former Chief Authorized Officer Vijaya Gadde and former Basic Counsel Sean Edgett — all of whom have been fired within hours after Musk took management of Twitter.
The lawsuit alleges that Musk declined to make the severance funds as a type of “revenge” towards the executives after he was pressured to undergo with the $44 billion acquisition deal that he had spent months attempting to get out of.
“As a result of Musk determined he didn’t need to pay Plaintiffs’ severance advantages, he merely fired them with out cause, then made up faux trigger and appointed workers of his numerous corporations to uphold his choice,” the criticism, filed Monday within the US District Court docket for the Northern District of California, states. “He claimed in his termination letters that every Plaintiff dedicated ‘gross negligence’ and ‘willful misconduct’ with out citing a single reality in assist of this declare.”
X didn’t instantly reply to a request for remark.
Monday’s lawsuit is simply the newest authorized motion introduced by former Twitter workers associated to Musk’s acquisition. One lawsuit introduced by a former Twitter human sources chief in July, in search of class motion standing, seeks an order for Musk and the corporate to pay extra severance advantages allegedly owed to former workers in an quantity a minimum of $500 million. The corporate has additionally been accused of failing to pay annual bonuses to workers laid off after Musk’s takeover.
Agrawal, Gadde and Segal additionally previously sued Musk to recuperate greater than $1 million in authorized charges they mentioned they have been owed; the corporate was ordered to pay the charges in a Delaware Chancery Court docket ruling final 12 months.
Musk and X have additionally confronted lawsuits from vendors, landlords and enterprise companions who declare the corporate has didn’t pay what they’re owed.
“Musk’s refusal to pay Plaintiffs is a component of a bigger sample and observe of failing to conform along with his cost obligations,” the previous executives claimed in Monday’s lawsuit.