FILE – Tesla and SpaceX's CEO Elon Musk speaks during an interview with Ben Shapiro at the European Jewish Association's conference, in Krakow, Poland, Monday, Jan. 22, 2024. A judge has ordered Musk Saturday, Feb. 10, 2024, to testify as part of the Securities and Exchange Commission's investigation into his $44 billion purchase of Twitter, now called X, in 2022. Photo: Czarek Sokolowski/AP, File
Four of the most senior members of Twitter's past C-suite are suing Elon Musk for more than $128.6 million, claiming the new owner of the social media giant schemed to bilk them out of their contractual severance to save $200 million after buying the site back in 2022. "Because Musk decided he didn't want to pay plaintiffs' severance benefits, he simply fired them without reason, then made up fake cause and appointed employees of his various companies to uphold his decision," their complaint said.
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Maria Dinzeo
Maria Dinzeo is a San Francisco-based journalist covering the intersection of technology and the law, with a focus on AI, privacy and cybersecurity.
