Elon Musk and X Corp have reached a settlement in a lawsuit by four former top executives at Twitter, including former CEO Parag Agrawal, who claim they were not paid $128 million in promised severance pay after Musk acquired the social media company and fired them.

The terms of the settlement, which were first announced in a filing in San Francisco federal court last week, were not disclosed. A federal judge on October 1 pushed back filing deadlines and a hearing in the case so the settlement can be finalised.

In August, X agreed to settle a separate lawsuit by rank-and-file Twitter employees who lost their jobs during mass layoffs and claimed they were owed $500 million in unpaid severance.

The cases are among a series of legal challenges that Musk, the world’s richest person, has

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