Twitter's former top execs, fired by Elon Musk on his first day in charge, are suing the company for $1 million in unpaid bills
Twitter's former CEO and two other ex-executives who were fired by Elon Musk are suing the company, alleging it owes them more than $1 million in legal costs.
In the suit filed Monday in the Delaware Chancery Court, which Insider has reviewed, the trio allege they had agreements with Twitter that it would repay the"significant" fees they spent on legal costs relating to separate actions against the company. The suit claims that Twitter initially agreed to cover costs but then took months to acknowledge a demand for payment, and when it did"refused to acknowledge its obligations and to remit payment of any invoices.", as well as ex-chief financial officer Ned Segal, and Vijaya Gadde, the former legal chief, list five proceedings against Twitter for which they were named as defendants and therefore had to incur legal expenses.
They include inquiries from the Securities and Exchange Commission and Department of Justice, which Agrawal and Segal were first contacted about in 2022.
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