Former Twitter executives sue X and Elon Musk for ``over 19 billion yen in unpaid retirement benefits''
After Elon Musk
twitter-exec-lawsuit.pdf
https://s3.documentcloud.org/documents/24457674/twitter-exec-lawsuit.pdf
Former Twitter Executives Sue Musk Over Unpaid Severance - WSJ
https://www.wsj.com/tech/former-twitter-executives-sue-elon-musk-for-over-128-million-in-severance-ea10f43a
Elon Musk Sued by Ex-Twitter CEO, Others for $128 Million in Severance Pay - Bloomberg
Former Twitter CEO sues Elon Musk | TechCrunch
https://techcrunch.com/2024/03/04/former-twitter-ceo-sues-elon-musk/
Mr. Musk originally signed an acquisition agreement with Twitter in April 2022. However, Musk announced in July 2022 that the acquisition would be canceled . Twitter then sued Musk and managed to get him to fulfill the acquisition agreement. After that, the acquisition of Twitter by Mr. Musk was completed in October 2022.
Elon Musk indicates his intention to ``acquire Twitter after all'' - GIGAZINE
by Steve Jurvetson
Mr. Musk, who acquired Twitter in October 2022, fired CEO Agrawal, CFO Segal, and others, with whom he was said to have had a feud for some time.
Mr. Musk fires Twitter's CEO and CFO and plans to set limits on speech, saying ``Twitter will not become a hellscape of free participation'' - GIGAZINE
Four new people, CEO Agrawal, CFO Segal, legal and policy director Vijaya Gadde, and general counsel Sean Edgett, have filed a lawsuit against X and Musk demanding payment of severance pay. According to the complaint, Mr. It is necessary to pay a retirement allowance of 6.8 million dollars (about 1 billion yen), for a total of about 128 million dollars.
The executives said, ``It appears that Mr. Musk has a ``special anger'' against us regarding the acquisition,'' and ``Mr. 'He is taking personal revenge against us,' he said, alleging that the unpaid severance pay was due to Mr. Musk's retaliation against his executives.
Musk has previously said that 'they were fired for cause' and that he does not have to pay them any severance pay. According to executives, the reasons for the dismissal included ``paying a contingency fee to a lawyer involved in the acquisition, wasting company funds, and inappropriately handling employee bonuses and retirement plans.'' It is said that it was done. On the other hand, executives have objected, saying, ``These reasons are far-fetched and completely untenable.''
In addition, the executives said, ``Mr. Musk decided that he did not want to pay us severance pay, so he made up false reasons and fired us even though there was no valid reason.In addition, Mr. Musk 'We have selected employees from various companies who support our decision and appointed them as our successors.'
The executives said, ``Not paying severance pay is Mr. Musk's strategy.By keeping money owed to others and encouraging them to sue him, even if he loses the case, he can save the other party time and money.'' ``It will be possible for him to call you,'' he said, criticizing Mr. Musk's behavior.
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