PANews reported on October 9th that Elon Musk and Company X have reached a settlement with four former Twitter executives, including former CEO Parag Agrawal. They had previously sued, alleging they were not paid $128 million in promised severance pay after Musk acquired the social media company and fired them. The specific terms of the settlement have not been disclosed. The agreement was first disclosed last week in a filing in San Francisco federal court. A federal judge postponed the filing deadline and hearing in the case on October 1st to allow the parties to finalize the settlement.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.