Elon Musk Settles $128M Lawsuit with Fired Twitter Execs

[tradelikepro]

Elon Musk has agreed to settle a $128 million lawsuit filed by four former Twitter executives he fired after taking over the platform in 2022. CEO Parag Agrawal, CFO Ned Segal, and top lawyers Sean Edgett and Vijaya Gadde argued they were denied severance after pushing Musk to honor his $44 billion acquisition deal. The settlement terms remain undisclosed. Musk recently resolved a separate class-action case with 6,000 ex-Twitter staff who said they never received full severance.

[Abdul Khan]

Finally some closure to that chaos. The settlement shows how expensive corporate conflicts can get even for billionaires.

[Nahid Hossen]

$128M is a big number, but for Musk it’s probably just another day at the office. Still, it wraps up one of the more controversial Twitter sagas.