Elon Musk was dealt a significant setback in a court fight over his purge of Twitter’s top executives when he took over the company in 2022.
A judge ruled late Friday that former CEO Parag Agrawal and other high-ranking officers can proceed with claims that Musk terminated them right as he was closing the deal to cheat them out of severance pay before they could submit resignation letters.
Musk has been fighting legal claims for back pay by thousands of Twitter staff he laid off when he acquired the social media company for $44 billion two years ago and rebranded it as X Corp. unpaid severance in September in a closed-door arbitration that could set a precedent for other similar cases, the worker’s lawyer told Bloomberg News.
Agrawal was joined in the lawsuit by Vijaya Gadde, who was Twitter’s top legal and policy official; Ned Segal, the chief financial officer; and Sean Edgett, the company’s general counsel. Chesney is overseeing two other suits brought by Twitter executives, including one by Nicholas Caldwell, who was general manager for “core tech” and is seeking $20 million as compensation for lost severance.
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