X Corp. and Elon Musk are facing another lawsuit by former Twitter employees who say they were wrongly denied more than $53 million in severance benefits in the wake of Musk’s takeover of the company.
The plaintiffs, three former high-level Twitter employees who reported to the chief executive officer, say they resigned from their positions once it became clear their duties would be “materially and irreversibly changed” following Musk’s acquisition. These “good reason” resignations entitle them to severance benefits, but the defendants engaged in bad faith and deceptive tactics to avoid their obligations, according to a complaint filed Thursday in ...
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