Ex-Twitter Executives Win $1.1 Million Legal Fees From Musk's X – Bloomberg Law News

Oct. 3, 2023, 10:08 PM UTCBy Jef Feeley Jef Feeley Bloomberg NewsX Corp., formerly known as Twitter, must pay $1.1 million in legal fees racked up by a group of the social-media platform’s former top executives, a judge ruled.Lawyers for the group — led by ex-Twitter Chief Executive Officer Parag Agrawal and former top lawyer Vijaya Gadde – Tuesday persuaded Delaware Chancery Court Judge Kathaleen St. J. McCormick that Twitter violated its duties to cover legal expenses generated by their work for the company.The former executives argued Twitter violated its own bylaws by refusing to cover the sums even though they were tied to investigations of the social-media … Learn more about Bloomberg Law or Log In to keep reading: Learn About Bloomberg Law AI-powered legal analytics, workflow tools and premium legal & business news. Already a subscriber? Log in to keep reading or access research tools.
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