Indian CEO’s Revenge On Elon Musk

0
49
Indian CEO’s Revenge On Elon Musk


Indian CEO’s Revenge On Elon Musk

The richest man in the world has landed himself in another legal trouble, this time related to his unethical practices during the Twitter acquisition.

Ex-Twitter CEO Parag Agrawal, along with other top executives, claims that Musk strategically fired them right after he closed his deal, denying them millions in severance. The executives didn’t have time to resign themself and claim their contractual benefits.

Also Read – Biggest Drug Bust: Indian Kingpin Arrested!

In a ruling on Friday, a judge in the US gave the green light for Agrawal to pursue their claims, arguing that Musk’s timing wasn’t just coincidental. The case even referenced Musk’s own comment to his biographer, where he admitted to rushing the deal to save himself a “$200 million difference.”

This isn’t new territory for the tech billionaire as he has multiple legal battles pending in court. Following his Twitter takeover and rebrand to X Corp. he laid off thousands of employees, and many of them are now suing for severance they say was unfairly withheld.

Also Read – 2 Key States Indian-Americans Make a Difference

Just last month, one former employee won their severance paving the way for future rulings. This case involving the Indian CEO might reach the same conclusion because Musk doesn’t have much going in his favor.



Source link