Elon Musk Loses Battle To Dismiss Ex-Twitter CEO Parag Agrawal's Severance Lawsuit: Did The $200M Gamble Backfire?

Quick Summary:

The executives have alleged that Musk strategically fired them to avoid paying severance during the acquisition of Twitter in October 2022.

Tesla and SpaceX CEO Elon Musk has lost a court battle against Twitter executives over severance pay claims.

District Judge Maxine Chesney ruled in favor of former Twitter CEO Parag Agrawal and other top executives, allowing their claims to proceed, reported Bloomberg.

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Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets: United States

Topics: Benzinga Media Tech Lawsuit Twitter News Severance pay Stories That Matter Maxine Chesney Parag Agrawal Legal Elon Musk

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 03:20:38 (2 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 370 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23388228

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