New Delhi. Three top Twitter executives who were fired by Elon Musk last year filed a lawsuit on Monday. He has demanded that he be compensated for the litigation, investigations and congressional inquiries he had to face during his employment at Twitter.
The former CEO of the company, Parag Agarwal, along with the former chief legal and financial officer, has demanded a compensation of $ 1 million. He is legally bound to pay them.
In the documents submitted for the lawsuit in the court, several expenses related to the inquiry by the US Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have been mentioned.
But it did not include details on the nature of the investigations or whether they are still ongoing. According to court documents, Agarwal and then-Chief Financial Officer Ned Sehgal testified to the SEC last year that their ongoing interactions with government officials are still ongoing.
The SEC is probing whether Elon Musk complied with securities rules by piling up Twitter shares.
