Elon Musk and X Corp have reached a settlement with four former Twitter executives who alleged they were not paid $128 million in severance pay following Musk’s 2022 acquisition of the company.
The terms of the settlement, announced in a San Francisco federal court filing last week, have not been made public. A federal judge on Oct. 1 postponed filing deadlines and a scheduled hearing to allow both parties to finalize the agreement.
MUSK'S X REACHES TENTATIVE SETTLEMENT IN $500 MILLION LAWSUIT OVER FIRINGS OF PLATFORM'S FORMER WORKERS
The lawsuit was filed by ex-CEO Parag Agrawal, former CFO Ned Segal, former chief legal officer Vijaya Gadde and former general counsel Sean Edgett. They claimed Musk falsely accused them of misconduct after they sued him for trying to back