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Elon Musk and X sued by ex-Twitter GM Nick Caldwell over millions in unpaid severance - TL;DR CNBC

Elon Musk and X sued by ex-Twitter GM Nick Caldwell over millions in unpaid severance

Publishing timestamp: 2024-04-03 19:45:27


Summary

Former Twitter exec Nick Caldwell is suing Elon Musk and X for millions in unpaid severance and breach of contract. Caldwell, who resigned just after Musk acquired Twitter, claims he is owed severance and benefits. The suit is similar to one filed by other former Twitter executives. Musk is accused of falsely accusing Caldwell of misconduct to avoid paying him. Caldwell is seeking around $19.3 million in severance benefits plus interest, among other claims. Musk and X have not responded to requests for comment.


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Keywords: peloton interactive incbusiness newstesla inctechnologybreaking news: technologylawsuitssocial mediaelon musk

Source: https://www.cnbc.com/2024/04/03/ex-twitter-gm-nick-caldwell-sues-elon-musk-x-over-unpaid-severance.html


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