According to PANews, Omid Kordestani, the former chairman 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 stock that was owed to him.
Omid Kordestani, who served as Twitter's executive chairman from 2015 to 2020 and served on the board for another two years until Musk acquired the platform for $44 billion, said in the lawsuit that most of his compensation was in stock, but Elon Musk refused to pay him for it.