US Court Dismisses Lawsuit Against Elon Musk for $500 Million Severance Dispute

Thursday, 11 July 2024, 07:08
A San Francisco-based US court dismisses a $500 million lawsuit against Elon Musk concerning severance payments to ex-Twitter employees. The legal victory clears Musk of allegations of failing to provide promised severance packages following the acquisition of Twitter, now rebranded as X.
Wionews
US Court Dismisses Lawsuit Against Elon Musk for $500 Million Severance Dispute

Legal Victory for Elon Musk

In a significant ruling, a US court in San Francisco dismissed a lawsuit against Tesla CEO, Elon Musk, involving a $500 million severance dispute with ex-Twitter employees.

Allegations Cleared

The lawsuit claimed Musk did not fulfill promised severance payments as outlined in a 2019 severance plan after acquiring Twitter, now known as X.

  • Ex-Twitter Employees: Claimed lack of appropriate severance payments
  • Musk: Allegedly refused to pay promised severance packages

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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