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Former Twitter Chairman Sues Elon Musk's X for $20 Million in Unpaid Shares

Omid Kordestani claims Musk's company failed to cash out his stock compensation after the acquisition.

  • Kordestani served as Twitter's executive chairman from 2015 to 2020 and remained on the board until Musk's acquisition.
  • The lawsuit, filed in California, alleges that Musk's company is withholding over $20 million worth of shares.
  • This legal action is part of a series of lawsuits by former Twitter executives against Musk's X for unpaid compensations.
  • In March, four ex-executives sued Musk for allegedly withholding $128 million in severance payments.
  • X Corp. has not provided any comments on the ongoing legal disputes.
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