Four of the most senior members of Twitter’s past C-suite are suing Elon Musk for more than $128.6 million, claiming the new owner of the social media giant schemed to bilk them out of their contractual severance to save $200 million after buying the site back in 2022. “Because Musk decided he didn’t want to pay plaintiffs’ severance benefits, he simply fired them without reason, then made up fake cause and appointed employees of his various companies to uphold his decision,” their complaint said.
A federal complaint filed Monday in San Francisco by Sidley Austin lawyers says Musk had it out for Twitter’s former Chief Executive Officer Parag Agrawal, Chief Financial Officer Ned Segal, Chief Legal Officer Vijaya Gadde, and General Counsel Sean Edgett, and told his biographer Walter Isaacson that he would fire them “for cause” before their stock options could vest. Apparently Musk was furious that he had to go through with purchasing the company, and allegedly said he would “hunt every single one of” Twitter’s executives and directors “till the day they die.”
