X has been ordered to pay $1.1 million in legal fees for ex-Twitter execs. Former CEO of Twitter Parag Agrawal and former chief legal officer of the social media platform Vijaya Gadde have sued X after the court reportedly forced Elon Musk to purchase Twitter for $44 billion in the previous year.
X To Pay $1.1 Million in Legal Fees
A judge has just ruled that X, which is social media the platform that was previously known as Twitter, must pay $1.1 million in legal fees associated with the investigations of the platform that reportedly unfolded during Elon Musk’s buyout of the platform in the previous year, as per a report from Bloomberg.
And just as noted by Bloomberg, Delaware Chancery Court Judge Kathaleen St. J. McCormick reportedly ruled in favor of former Twitter CEO Parag Agrawal, the former lead policy officer Vijaya Gadde, as well as other executives, as Twitter “violated its duties to cover legal expenses generated by their work for the company.”
Elon Musk Fired Agrawal and Other High-Level Leaders After He Took Over the Company
Elon Musk reportedly fired Agrawal as well as other high-level leaders once he took over the company and then after Twitter sued Musk for attempting to back out of his agreement for the reported $44 billion acquisition.
Agrawal and Gadde Filed a Lawsuit against X in April
Agrawal and Gadde back in April, reportedly filed a lawsuit against X for allegedly failing to pay for their legal bills, and this is including bills for the appearance of Gadde just before the House Committee on Oversight and Reform. X also has only paid around $600,000 of the amount that is owed, Bloomberg has reported that, with the lawyer of the company stating that X officials got “sticker shock” after they saw the “quite excessive” $1.1 million legal bill from the lawyers of Gadde.
The Judge’s Ruling In Favor Of The Former Exec’s
And while Judge McCormick reportedly agreed that $1.1 million is a whole lot of money, she also still ruled in favor of the former Twitter executive. “I have reviewed the amount in question, and although it is high and probably higher than most humans would like to pay, it’s not unreasonable,” Judge McCormick stated, according to Bloomberg.”
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