Twitter Inc on Tuesday was hit with the second lawsuit this month to claim that it owes at least $500 million in severance pay to ex-workers, the latest in a series of cases arising from Elon Musk's acquisition of the social media company.The proposed class action filed in Delaware federal court by former
Twitter Inc on Tuesday was hit with the second lawsuit this month to claim that it owes at least $500 million in severance pay to ex-workers, the latest in a series of cases arising from Elon Musk's acquisition of the social media company.
Twitter laid off more than half of its workforce as a cost-cutting measure after Musk acquired the company last October. Twitter has not responded to that lawsuit, which claims it violated a federal law regulating employee benefit plans by failing to abide by the terms of a severance plan established before Musk acquired the company.
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