Twitter is being sued for allegedly not paying the rent on its headquarters, adding to the legal battles between the social-media company and vendors since Elon Musk took over.
Twitter Inc. is being sued over allegedly unpaid rent at its headquarters building in San Francisco, adding to legal battles between the social-media company and vendors sinceThe landlord, SRI Nine Market Square LLC, alleged in a lawsuit that Twitter failed to make a roughly $3.4 million rent payment for December and a similarly sized payment for January.
In the complaint filed Friday in San Francisco Superior Court, the landlord said it drew on Twitter’s letter of credit to try to cover the missed payments, but that the company still owes $3.16 million. The landlord is seeking payment for unpaid rent and other damages, according to the legal filing. The lawsuit was previously reported by the San Francisco Business Times.
Mr. Musk acquired Twitter in late October in a deal valued at $44 billion, funded partly through the company’sMr. Musk has sought to slash costs at Twitter since taking over,
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