Former Twitter board member Omid Kordestani sues Elon Musk's Twitter for $20m in shares.

Former Twitter board member Omid Kordestani filed a lawsuit against Elon Musk's X (formerly Twitter) for $20 million in outstanding shares. Kordestani, who served as Twitter's executive chairman from 2015 to 2020, alleges that Musk is refusing to pay out his compensation, primarily in stock. This lawsuit follows several others questioning Musk's handling of the $44 billion Twitter acquisition.

August 09, 2024
6 Articles