Former Twitter execs sue Musk and X for US$128 million in unpaid severance
Tuesday, March 5, 2024 at 11:55PM 
Four former executives of Twitter, including ex-CEO Parag Agrawal, are suing Elon Musk and the company, now known as X, for over US$128 million (around CA$174 million) in allegedly unpaid severance benefits. The lawsuit stems from the tumultuous takeover of Twitter by Musk in October 2022.
Upon acquiring Twitter, Musk swiftly fired Agrawal, CFO Ned Segal, Chief Legal Officer Vijaya Gadde, and General Counsel Sean Edgett. The lawsuit claims Musk harboured "special ire" towards the group due to their role in the legal battle forcing him to complete the acquisition after attempting to withdraw. Each executive seeks specific amounts in severance, totalling US$128 million: Agrawal - US$57.4 million (~CA$77.9 million), Segal - US$44.5 million (~CA$60.4 million), Gadde - US$20 million (~CA$27.1 million), and Edgett - US$6.8 million (~CA$9.2 million).