Headline News Tech

Former Twitter execs wants over $1 million in legal fees

Former senior executives of social media giant Twitter have sued the company in an attempt to recover more than $1 million in legal expenses incurred as they responded to shareholder lawsuits, federal investigations and a congressional hearing, according to a complaint filed on Monday in Delaware Chancery Court.

The lawsuit by former Twitter CEO Parag Agrawal, former chief legal officer Vijaya Gadde and former chief financial officer Ned Segal alleges that Twitter has failed to reimburse them for lawyers’ fees in accordance with prior agreements with the company.

Elon Musk fired the executives immediately after completing his acquisition of the company.

Twitter, which cut much of its public relations team last year, did not immediately respond to CNN’s request for comment as the complaint was first reported by The New York Times.

The complaint also describes legal fees linked to probes by the Securities and Exchange Commission and the Justice Department, though without disclosing many specifics of the investigations.

The lawsuit outlines some details it claims Agrawal and Segal first began receiving requests from US officials around July of last year.

Agrawal continued to field requests through the fall even after he stepped down from Twitter, according to the complaint. Late last year, it said, the Justice Department contacted Agrawal and Segal’s attorneys about multiple investigations into Twitter.

According to the complaint, letters were sent to Twitter seeking reimbursement for the legal expenses but were ignored for months.

In March, the company allegedly responded by acknowledging the requests for reimbursement, but took no action to pay. As of Monday, the executives still have not recovered the fees.

Writing by Tersoo Nicholas