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Musk settles former Twitter executives’ suit over unpaid severance

Elon Musk has agreed to settle a $128m lawsuit brought by four former top executives at Twitter, now X, over unpaid severance when he took over the company. The executives, who include former CEO Parag Agrawal, argued that Musk fired them “without reason” after he bought the social media platform in 2022 and denied them severance payments. “The parties have reached a settlement and the settlement requires certain conditions to be met in the near term,” attorneys for the plaintiffs wrote in a court filing. They did not disclose the terms of the settlement. The suit, filed last year, is one of several legal challenges over unpaid severance for workers who were laid off after Musk took over.

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