Elon Musk sued over $128m unpaid severance at Twitter
According to recent reports, Elon Musk is facing a lawsuit over unpaid severance from his brief stint as a board member at Twitter. The lawsuit alleges that Musk is withholding $128 million in severance payments that were agreed upon when he joined the board in 2021.
Twitter’s former CEO, Jack Dorsey, reportedly approved the severance package as part of Musk’s compensation for his role on the board. However, Musk has allegedly failed to honor the agreement, leading to the legal action.
It remains to be seen how this legal battle will play out and what the implications may be for Musk’s reputation and financial standing. Musk has yet to publicly address the lawsuit or provide any comment on the matter.