Twitter execs sue Musk for $128M in unpaid severance
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Elon Musk is being sued by former Twitter executives over $128 million in unpaid severance. The executives were fired after Musk took over Twitter.
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The lawsuit was filed by former CEO Parag Agrawal, former CFO Ned Segal, former chief legal officer Vijaya Gadde, and former general counsel Sean Edgett.
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Under Twitter's severance plan, the executives say they are owed one year's salary plus stock awards, totaling over $128 million.
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The lawsuit alleges Musk fired them "without reason" to avoid paying the severance and made up "fake cause."
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The executives accuse Musk of flouting laws and not paying Twitter's debts, running "roughshod over anyone who disagrees."