X owner Elon Musk has agreed to settle a $128 million lawsuit brought by four of Twitter’s former top executives, including ex-CEO Parag Agrawal, concluding one of the major legal disputes from his $44 billion acquisition. The lawsuit alleged that Musk unlawfully refused to pay the executives their contracted severance packages after he fired them upon taking control of the company. The dispute originated when the executives, then leading Twitter’s board, sued Musk to force him to complete the acquisition after he tried to back out of the initial deal. This case is separate from other litigation, including a prior settlement with nearly…

Newswire

Features

The Latest