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Whistleblower Peiter "Mudge" Zatko, who was fired by Twitter in
January and was the company's security head, last month accused
the social media firm of falsely claiming it had a solid
security plan and making misleading statements about its
defenses against hackers and spam accounts.
Zatko will meet the U.S. Senate Judiciary committee on Sept. 13
to discuss the allegations.
The settlement resolved a dispute about unpaid compensation and
did not prevent him from filing a whistleblower complaint, which
he did soon after reaching the agreement with Twitter, according
to the source.
Zatko's attorney said Zatko cannot comment on the existence of a
settlement with Twitter.
Zatko's settlement was first reported by the Wall Street
Journal, which said he agreed to a nondisclosure agreement that
forbids him from speaking publicly about his time at Twitter or
disparaging the company.
Details of Zatko's settlement will soon be made public in the
court filings in Twitter's legal battle with Musk, who has
claimed he can walk away from his $44-billion agreement to buy
the social media company.
Musk has alleged the company misled him about the number of bots
or fake accounts on the platform and about the proper way to
measure active users. Twitter is suing him to force him to buy
the company for $54.20 a share. A trial is scheduled for next
month.
Twitter stock was up about 1% in late Thursday trade at $41.72 a
share.
Twitter did not immediately respond to a Reuters request for
comment.
(Reporting by Nivedita Balu in Bengaluru; Editing by Shounak
Dasgupta and Nick Zieminski)
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