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Twitter faces lawsuits alleging millions in unpaid expenses

Twitter faces lawsuits alleging millions in unpaid expenses

CBSN
Monday, February 20, 2023 09:12:06 PM UTC

The bills are piling up at Twitter, according to a stack of lawsuits alleging the social media is skipping out on rent and other financial obligations.

Landlords, vendors and other outside companies have all filed cases against Twitter in recent months, state and federal court records show. There are at least nine lawsuits against the social media platform, claiming a combined $14 million in missed payments, according to a Wall Street Journal estimate.

The lawsuits come as CEO Elon Musk, who purchased Twitter in October for $44 billion, tries to cut expenses at the company, which he has loaded up with debt.

Read full story on CBSN
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