Four former Twitter employees sued Elon Musk for 117 million euros for non-payment of their compensation. The plaintiffs were senior executives of the company that Musk bought for $44 billion.
The billionaire faces a new lawsuit signed by Parag Agrawal (former CEO), Ned Segal (former CFO), Vijaya Gadde (former General Counsel) and Sean Edgett (former general counsel). These, as the information shows, claim that they were deceived and stopped receiving more than 117 million euros in compensation, bonuses, salary, shares and health insurance premiums. And, for this reason, they are now demanding said money from Musk through judicial means.
The four affected point out that Musk has managed not only to avoid payments, but also to hinder the plaintiffs’ attempts to obtain compensation. Thus, they have managed to withhold documents, prolong decisions and play with the administrative process, a situation that they describe as part of “Musk’s playbook.” In fact, in their lawsuit they cite the alleged modus operandi of the current owner of Twitter: “he keeps the money he owes to other people and forces them to sue them. Even in defeat, he can impose delays, inconvenience and expense on others less able to afford it.”
Thus, they claim that Twitter has become a “criminal” under Musk’s control: “It defrauds employees, suppliers, landlords and other relevant figures.” In addition, they point out that the billionaire considers that “the rules do not suit him” and affirm that he is capable of using “his wealth and his power to trample anyone who does not agree with him.”
In the past, each of the four affected parties already sued Musk individually, but this time they have decided to initiate joint litigation. Therefore, in the coming months we will find out if Musk will be sanctioned for these actions, a situation that shows that Twitter has become a headache for him.
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