Twitter terminated its contract on November 16, says public relations firm
A former public relations firm for Twitter sued the social media company on Friday, saying it hasn’t paid its bills since its $44 billion buyout by Elon Musk.
(Reuters) – A former public relations firm for Twitter sued the social media company on Friday, saying it hasn’t paid its bills since its $44 billion buyout by Elon Musk.
Joel Frank said Twitter owed $830,498, including six unpaid invoices, as well as costs for a subpoena in Twitter’s lawsuit, forcing Musk to complete the buyout after trying to back down to do.
The public relations firm said Twitter terminated its contract on November 16, three weeks after the buyout closed, and no longer communicates about its payment demand beyond an automated pledge to “begin processing it immediately.”
Twitter, also known as X Corp, no longer has a media relations office. It responded to a request for comment on the lawsuit with a poop emoji. Musk’s lawyer, copied on that request, did not immediately respond.
According to the complaint in New York state court in Manhattan, Joel Frank began working for Twitter in January 2015.
Several landlords, vendors and consultants have sued Twitter over unpaid bills, which Musk inherited when he bought the company before implementing deep cost cuts.
Twitter is also being sued in Delaware by three former executives, including Parag Agarwal, who was ousted by Musk as CEO, who said it reneged on obligations to reimburse legal fees of more than $1 million .
Musk has said that Twitter can generate positive cash flow this quarter despite declining advertising revenue.
The world’s second-richest man, who also runs electric car company Tesla Inc, has estimated that Twitter has lost more than half its value since he bought it, according to published reports.
The case is JF Associates LLC v. X Corp., New York State Supreme Court, New York County.
(This story has not been edited by News18 staff and is published from a syndicated news agency feed – reuters,
