Former Twitter Chairman Omid Kordestani Sued The Social Media Company, Claiming that Billionaire Owner Elon Musk is refusing to cash out more than $ 20 million Wt of Shares He is more.
Kordestani served as the company’s executive Chairman from 2015 to 2020 and styed on the board for two more years, until musk boght the platform for $ 44 billion. He said in the complaint that the bulk of his compensation was stock, which he says musk is refusing to pay out.
Lawyers for the Former Chairman Claim that x corp., as musk renamed the company, is seeking to “reap the benefits of Mr. Kordestani’s Seven Years of Service to Twitter with Paying Him for it. “
The lawsuit, filled in California Superir Court in San Francisco, is the latest in a series of legal actions due to legal actions against against musk by former leaders at Twitter Since He TOOVER. In March, Four ex-execurals sued Musk for allegedly withhlding more than $ 128 million in Severance Payments after they were osed from the company.
X declined to comment.
Before His Time at Twitter, Kordestani was a longtime business leader at alphabet ince.’s google.
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