Musk’s US court shocked, former Twitter CEO Parag Agarwal lost case
Elon Musk, the world’s richest man and owner of X (first Twitter), has suffered a major setback. Musk has lost the case to Parag Agarwal, former CEO of Twitter. Actually, this case came to light after the acquisition of Twitter in 2022.
According to Bloomberg, on Friday, the US court ruled the verdict which includes several other former high rank officers including former Twitter CEO Parag Agarwal. The court said that, other officials, including pollen, could claim that Musk sacked them just before closing the deal, so that they do not have to give them sewer.
Former employees claim that Musk dismissed him just before the deal was closed, so that he could not even resign and he did not get it on sewerness.
In March, the former CEO filed a complaint against Musk, citing Walter Isakson’s biography, in which Musk told the author that he was in a hurry to complete the acquisition as’ tonight to complete the deal and tomorrow morning There was a difference of $ 200 million between completing ‘.
Many more cases
Musk is facing many such cases from several former Twitter officials. In which he was fired. The lawyer of the employees told Bloomberg that a former employee was given sewer in the mediation in a closed room in September, which could set an example for similar cases.
Loses in July too
In July itself, Musk and X Corp laid a lawsuit, alleging that about 6,000 trimmed employees were to be given at least $ 500 million under the provisions of the Federal Employees Retirement Income Security Act.
Case of Vijaya Gadde also
The US District Judge Maxin Checison on Friday dismissed the arguments of Musk’s lawyers, in which he was asking to dismiss Agarwal’s claims. The trial with Parag Agarwal also included Vijaya Gadde, who was the top legal and policy officer of Twitter, Ned Segal, CFO; And Scene Edgate was the company’s public council.
X did not comment
The case registered in San Francisco is Parag Agarwal vs. Musk, in which pollen demands that they should receive a unveiled stock award on sewerage pay equal to one year salary and at the price of acquisition. There is no response from the X on the court’s decision yet.
