Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • PM Modi in Manipur
  • Charlie Kirk killer
  • Sushila Karki
  • IND vs PAK
  • India-US ties
  • New human organ
  • Downton Abbey: The Grand Finale Movie Review
fp-logo
Ex-Twitter CEO Parag Agrawal, aide Vijaya Gadde sue Elon Musk for $1 million for unpaid legal expenses
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
  • Home
  • World
  • Ex-Twitter CEO Parag Agrawal, aide Vijaya Gadde sue Elon Musk for $1 million for unpaid legal expenses

Ex-Twitter CEO Parag Agrawal, aide Vijaya Gadde sue Elon Musk for $1 million for unpaid legal expenses

Mehul Reuben Das • April 11, 2023, 16:44:47 IST
Whatsapp Facebook Twitter

Parag Agrawal, Vijay Gadde and Nel Segal, former executives of Twitter had a severance package of over $137 million between the three of them. The three are now suing Elon Musk-led Twitter over non-payment of dues legal expenses incurred on behalf of Twitter.

Advertisement
Subscribe Join Us
Add as a preferred source on Google
Prefer
Firstpost
On
Google
Ex-Twitter CEO Parag Agrawal, aide Vijaya Gadde sue Elon Musk for $1 million for unpaid legal expenses

One of the first things Elon Musk did when he took over Twitter, was fire then CEO Parag Agrawal, his close aide and policy chief Vijaya Gadde along with CFO Nel Segal. They were in fact removed the very next day after Musk took over. Now the trio have filed a lawsuit against Twitter, alleging that the Elon Musk-led social media platform owes them over $1 million over bill-related issues pertaining to legal expenses all of which, the three had accrued on behalf of Twitter, on a number of legal issues and court hearings. **Also read: Twitter apparently asked Parag Agrawal and Ned Segal to return to manage operations** They have all filed lawsuits against Musk, seeking recompense for the costs of litigation, investigations, and inquiries linked to their previous positions. In the case, Agrawal and the company’s former senior legal and finance officers say that they are owed more than $1 million, which Twitter is legally compelled to pay. According to AFP, the court document cited numerous costs linked with investigations by the US Securities and Exchange Commission (SEC) and the Department of Justice (DOJ), but did not reveal the scope of the investigations or whether they were still continuing. Agrawal and former CFO Ned Segal testified before the SEC last year and have continued to work with federal authorities. The SEC is investigating whether Musk followed securities laws when he acquired Twitter stock. After Musk revealed “Twitter Files” linked to the site’s content filtering, former Twitter chief legal officer Vijaya Gadde testified before a US Senate panel on big tech and free speech. Gadde was also mentioned in a complaint by a guy who claimed he was “doxed” as a white nationalist on Twitter. Musk let go of Agrawal, Gadde, and Segal in late October, following his $44 billion buy of Twitter. The three former executives claim that Twitter owes them money, but the firm has simply acknowledged receiving their bills. **Also read: How Parag Agrawal forced Elon Musk to buy Twitter and walked away with $42 million after getting fired** Even though Agarwal had to quit his post after just 10 months, he did so as a very wealthy man. According to sources, Parag Agrawal not only had the golden parachute clause in his contract with Twitter, but he also owned stock in the firm.   According to a Twitter filing with the US Securities and Exchange Commission, Parag owns little more than 128,000 Twitter shares, which are now worth roughly $7 million at the amount Musk is paying. As a result, Agrawal is expected to have earned a severance package of close to $50 million. All in all the three top executives had a severance package worth $137 million if certain reports are to be believed. What is the status of those packages, and if any of them saw anything being paid to them from these packages, has not been disclosed. **Also read: Elon Musk takes control of Twitter, fires CEO Parag Agrawal, top legal executive Vijaya Gadde** Twitter has also been accused of failing to pay rent or other bills as Musk follows through on his promise to “cut costs like crazy.” Meanwhile, market experts think that Twitter’s advertising income has decreased owing to concerns over the spread of disinformation and offensive material as Musk cuts moderating efforts. Read all the  Latest News ,  Trending News ,  Cricket News ,  Bollywood News , India News  and  Entertainment News  here. Follow us on  Facebook,  Twitter and  Instagram.

Tags
Twitter sued Parag Agrawal Elon Musk Twitter twitter takeover Nel Segal
End of Article
Latest News
Find us on YouTube
Subscribe
End of Article

Impact Shorts

‘The cries of this widow will echo’: In first public remarks, Erika Kirk warns Charlie’s killers they’ve ‘unleashed a fire’

‘The cries of this widow will echo’: In first public remarks, Erika Kirk warns Charlie’s killers they’ve ‘unleashed a fire’

Erika Kirk delivered an emotional speech from her late husband's studio, addressing President Trump directly. She urged people to join a church and keep Charlie Kirk's mission alive, despite technical interruptions. Erika vowed to continue Charlie's campus tours and podcast, promising his mission will not end.

More Impact Shorts

Top Stories

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Top Shows

Vantage Firstpost America Firstpost Africa First Sports

QUICK LINKS

  • Trump-Zelenskyy meeting
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV