Former top Twitter executives including ex-CEO Parag Agrawal sue Elon Musk over firings, seek more than USD 128 million in severance

WASHINGTON: Former senior executives of Twitter are suing Elon Musk and X Corp., saying they are entitled to a total of more than $128 million in unpaid severance payments.

Twitter’s former CEO Parag Agrawal, Chief Financial Officer Ned Segal, Chief Legal Counsel Vijaya Gadde and General Counsel Sean Edgett claim in the lawsuit filed Monday that they were fired without a reason on the day in 2022 that Musk completed his acquisition of Twitter, which he later rebranded X.

Because he didn’t want to pay their severance, the executives say Musk “made up fake cause and appointed employees of his various companies to uphold his decision.”