X Corp, formerly known as Twitter, has to pay $1.1 million in legal fees to former top executives of the platform. This is reported by Bloomberg, citing a court decision.
A judge of the Delaware Court of Chancery concluded that Twitter had breached its obligations to cover the legal costs associated with the work of the company’s CEO Parag Agrawal and former general counsel Vijaya Gadde.
The former executives claimed that Twitter did not pay their legal fees. This includes Gadde’s testimony before the US House Committee on Oversight and Reform.
The company paid off about $600 thousand of debt but withheld about $1.1 million for the work of lawyers representing former top executives in a congressional investigation into the influence of social media on the US election.
During the hearing, the judge analyzed the amount. In her opinion, the figure was high but reasonable. So she sided with the former company executives.
As a reminder, Elon Musk fired Twitter’s top executives after acquiring the platform last year for $44 billion.
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