The ex-CEO of Twitter Parag Agrawal and two other former executives accused the social media company in a trial Monday for failing to repay them more than $1 million in legal fees.
Driving the news: Agrawal, former Twitter chief legal officer Vijaya Gadde and former chief financial officer Ned Segal, who were fired After Elon Musk took over the platform allege that the company “refused to acknowledge its obligations and remit payment of any invoices,” per the deposit.
- That includes attorneys the executives said they used while on Twitter to respond to Justice Department and Securities and Exchange Commission investigations, according to the lawsuit filed in Delaware Chancery Court.
- “This action seeks an expedited decision requiring the defendant to comply with its obligations to advance legal fees and expenses related to ongoing litigation and investigations,” the filing said.
The plot: It was not immediately clear what the federal investigations were about, and the DOJ and SEC did not immediately respond to Axios’ request for comment.
The big picture: The executives’ lawsuit adds to Twitter’s legal headaches since Musk ended his Acquisition of $44 billion last October of the company, which is sued by former employees on their terminations following the takeover bid.
- THE Federal Trade Commission asked Twitter for information about the layoffs. The FTC is also reviewing the company’s privacy practices, according to the New York Timeswho got Monday’s costume.
- Twitter representatives did not immediately respond to Axios’ request for comment.
Rollback: THE The DOJ helped the FTC in a case last May before Musk took over the platform in which Twitter agreed to pay $150 million for using users’ security data to target ads.
To note: Gadde was one of many former Twitter executives to testify before Congress around February content moderation On the platform.