Former Twitter execs sue company over unpaid legal fees
The New York Times
, three former executives sued the company on Monday. In a complaint filed with the Delaware Chancery Court, former CEO Parag Agrawal, former CFO Ned Segal and former chief legal officer Vijaya Gadde allege Twitter owes them more than $1 million in unreimbursed legal fees.after taking control of the company last fall. The former executives allege Twitter spent months ignoring letters they sent asking it to honor a reimbursement agreement they had in place before their termination.
The former execs say they incurred the legal fees responding to shareholder lawsuits and several government investigations, including one involving the US Department of Justice. The complaint states federal officials began sending requests to Agrawal and Segal last July. Then, late last year, the Justice Department contacted Agrawal and Segal’s lawyers to discuss multiple investigations into Twitter. AsThe lawsuit highlights Twitter’s ongoing financial challenges.
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