KEY POINTS
  • Former Twitter exec Nick Caldwell, who led the company's Red Bird core tech team of engineers, is suing Elon Musk and X over millions in unpaid severance, and alleging a breach of contract.
  • Caldwell resigned on Oct. 28, 2022, just after Musk completed his acquisition of Twitter.
  • The suit is similar to one filed by four former Twitter executives, including ex-CEO Parag Agrawal, who say they are owed $128 million in unpaid severance.

Former Twitter exec Nick Caldwell is suing Elon Musk and X, alleging a breach of contract and a failure to pay severance and benefits he was owed after resigning from the company in 2022.

In the suit, filed in a California federal court on Wednesday, attorneys for Caldwell claimed that, following the close of Musk's $44 billion acquisition of Twitter, the company "cheated Mr. Caldwell and other executives out of a combined $200,000,000 in severance benefits by falsely accusing them of misconduct and purporting to fire them for 'Cause.'"