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Summary: Elon Musk will settle $128M lawsuit with former Twitter execs Crunch

1. Elon Musk has agreed to settle a $128 million lawsuit with four Twitter executives he fired in 2022, following his takeover of the company.
2. The executives, who include former CEO Parag Agrawal and CFO Ned Segal, allege that they were not given severance payments due to their efforts to enforce Musk's $44 billion purchase commitment.
3. This settlement comes after Musk also recently resolved a class action lawsuit concerning 6,000 laid-off Twitter employees who claimed incomplete or non-existent severance payments.
Summary
Elon Musk settles a $128 million lawsuit with four Twitter executives (Parag Agrawal, Ned Segal) over unpaid severance following his takeover in 2022. The executives claim they were not paid due to enforcing Musk's $44 billion purchase commitment. Previously, Musk resolved a class action lawsuit
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ID: fa68d86a-02f4-4be8-8001-298342e8def4

Category ID: listed_summary

URL: https://techcrunch.com/2025/10/08/elon-musk-will-settle-128m-lawsuit-with-former-twitter-execs/#summary

Date: Oct. 9, 2025

Notes: 2025-10-09

Created: 2025/10/09 14:20

Updated: 2025/12/08 00:53

Last Read: 2025/10/09 15:06