Former Twitter CEO sues firm over unpaid authorized bills

Twitter’s ex-CEO Parag Agarwal and two different former executives are suing the corporate for refusing to reimburse them for authorized bills. 

The lawsuit, filed in a Delaware Chancery Court on Monday, seeks over $1 million in reimbursement for authorized charges accrued throughout their time at Twitter. Mr. Agarwal and the opposite executives, ex-Chief Legal Officer Vijaya Gadde and ex-Chief Financial Officer Ned Segal, responded as defendants to a number of federal probes and investigations, that are listed within the lawsuit. 

The executives apparently requested reimbursement for his or her authorized charges many occasions however have but to obtain something.

The lawsuit accuses Twitter of breaking its settlement with its staff by failing to reimburse the executives. 

All three of the plaintiffs haven’t labored at Twitter since they have been fired in October following Elon Musk’s takeover of the corporate. 

The new lawsuit comes after a number of distributors sued Twitter this month for failing to pay hundreds of {dollars} in charges. The firm is also being sued by not less than considered one of its landlords for failing to maintain up with lease funds.

Twitter has additionally been inundated with lawsuits from former staff who allege that the corporate didn’t present enough discover earlier than large firings. In March, the Federal Trade Commission introduced a probe to find out if the agency’s layoffs met federal requirements. 

Increasing income has been Mr. Musk’s most important purpose whereas introducing a subscription mannequin.

Twitter couldn’t be instantly reached for remark.