Joele Frank, a prominent public relations firm, has filed a lawsuit against social media giant Twitter for unpaid invoices amounting to a staggering $830,498. The invoices, which have remained outstanding for an extended period, are linked to services rendered during Elon Musk’s acquisition of the company.
According to court documents filed in the New York State Supreme Court, New York County, Joele Frank asserts that Twitter has neglected to settle six invoices and the accompanying subpoena costs tied to Musk’s acquisition. The PR firm claims that following the severance, Twitter terminated their contract and has since refrained from engaging in any form of communication regarding payment.
In a surprising and unorthodox response to the lawsuit, Twitter responded with a single emoji: a feces emoji, symbolizing their apparent disregard for the claims brought forth by Joele Frank. Elon Musk’s attorney, on the other hand, has yet to respond to the lawsuit.
The working relationship between Joele Frank and Twitter began in January 2015, with the PR firm providing vital communication and reputation management services to the social media platform. However, it seems that the fallout from Elon Musk’s acquisition has caused a wave of financial disputes, leading to multiple lawsuits against Twitter.
Apart from the lawsuit brought forward by Joele Frank, Twitter is currently facing legal action from landlords, vendors, and consultants who allege unpaid invoices that were inherited by Musk during the acquisition. Additionally, the company is embroiled in another lawsuit filed in Delaware by three former executives, who claim that Twitter violated its legal obligations regarding fee reimbursements.
Elon Musk, known for his optimism and ambition, remains steadfast in his belief that Twitter has the potential to generate positive financial flow, despite a decline in advertising revenue. However, Musk also acknowledges that the company’s valuation has suffered a significant decline since he acquired it, estimating a reduction of over fifty percent.
The case, officially known as JF Associates, LLC v. X Corporation, is expected to undergo legal proceedings in the New York State Supreme Court, New York County. As the lawsuit unfolds, the outcome will undoubtedly have ramifications for both Joele Frank and Twitter, potentially shaping the future of their business relationship.