Asian equities set to open higher as traders assess interest rate outlook

Twitter’s ex-leader Parag Agrawal and two other former executives are suing the Elon Musk-owned social media platform for failing to cover more than $1mn in personal legal expenses, including those related to an investigation by the US Department of Justice.

Agrawal, Twitter’s former general counsel Vijaya Gadde and Ned Segal, former chief financial officer, were fired by Musk when he acquired the platform for $44bn in October.

The trio claim that the company has “refused to acknowledge its obligations and to remit payment of any invoices”, after they personally incurred “significant expenses” responding to lawsuits and investigations related to their former positions.

Read more about Agrawal here.

Articles You May Like

Looking To Borrow Even More For A House? Mortgage Loan Limits Are About To Increase In 2024
Thames Water embarks on three-year turnaround plan
China’s policy support is a ‘stop-gap’ measure — not stimulus, SocGen economist says
Wells Fargo earmarks up to $1bn for ‘unanticipated’ severance costs
BlackRock received $100K seed funds for Bitcoin ETF — SEC filing