Former Twitter chairperson accuses Elon Musk of defaulting on more than $20 million worth of stock
2024-08-10 15:58:07
10 news golden ten newspaper twitter now renamed chairperson omid kordestanidesk3cryptocurrencydesktopCrypto News
On August 10, according to Jin Ten, Omid Kordestani, the former chairperson of Twitter (now renamed X), sued the social platform company, claiming that its owner, Tesla CEO Elon Musk, refused to cash in more than $20 million worth of outstanding stock. Omid Kordestani, who served as executive chairperson of Twitter from 2015 to 2020 and served on the board for another two years until Musk bought the platform for $44 billion, said in the complaint that most of his compensation was stock, but Elon Musk refused to pay the stock.
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