Omid Kordestani's Lawsuit Against X: A $20 Million Claim
Saturday, 10 August 2024, 15:54
Omid Kordestani's Lawsuit
Omid Kordestani, the former executive chairman of Twitter, is suing X over a significant claim of $20 million in withheld shares.
Background
Kordestani served as executive chairman from 2015 to 2020 and was on the board until 2022. His lawsuit was filed in a California superior court.
Key Points
- This lawsuit involves $20 million worth of shares.
- Kordestani asserts that the payment was wrongfully withheld by the company.
- Legal action was initiated on Friday.
Conclusion
This lawsuit raises important issues regarding corporate practices and the obligations companies have to their executives.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.