A judge has ruled that X, the platform previously known as Twitter, must pay $1.1 million in legal fees associated with the investigations of the platform that unfolded during Elon Musk’s buyout of the platform last year, according to a report from Bloomberg.
As noted by Bloomberg, Delaware Chancery Court Judge Kathaleen St. J. McCormick ruled in favor of former Twitter CEO Parag Agrawal, former lead policy officer Vijaya Gadde, and other executives, as Twitter “violated its duties to cover legal expenses generated by their work for the company.”
Elon Musk fired Agrawal and other high-level leaders once he took over the company and after Twitter sued Musk for attempting to back out of his agreement for the $44 billion acquisition.
Agrawal and Gadde filed a lawsuit against X in April for allegedly failing to pay for their legal bills, including bills for Gadde’s appearance before the House Committee on Oversight and Reform.
X has only paid around $600,000 of the amount owed, Bloomberg reports.
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A judge has ruled that X, the platform previously known as Twitter, must pay $1.1 million in legal fees associated with the investigations of the platform that unfolded during Elon Musk’s buyout of the platform last year, according to a report from Bloomberg.
As noted by Bloomberg, Delaware Chancery Court Judge Kathaleen St. J. McCormick ruled in favor of former Twitter CEO Parag Agrawal, former lead policy officer Vijaya Gadde, and other executives, as Twitter “violated its duties to cover legal expenses generated by their work for the company.”
Elon Musk fired Agrawal and other high-level leaders once he took over the company and after Twitter sued Musk for attempting to back out of his agreement for the $44 billion acquisition.
Agrawal and Gadde filed a lawsuit against X in April for allegedly failing to pay for their legal bills, including bills for Gadde’s appearance before the House Committee on Oversight and Reform.
X has only paid around $600,000 of the amount owed, Bloomberg reports.
Developing…
The original article contains 165 words, the summary contains 165 words. Saved 0%. I’m a bot and I’m open source!