A US court dismissed a lawsuit claiming Elon Musk refused to pay severance to thousands of Twitter employees.

Elon Musk beats $500M severance lawsuit filed by ex-Twitter employees after mass layoffs

Elon Musk Scores Win Against Former Twitter Employees in $500 Million Severance Suit: The judge said the lawsuit by two ex-Twitter employees incorrectly claimed the company’s severance plan was governed by a federal law dictating minimum payment thresholds. (Thu, 11 Jul 2024 12:41:00 -0400)

Elon Musk's X Corp. Wins $500M Severance Lawsuit: Judge Rules Laid-Off Twitter Employees' Claims Not Covered Under ERISA Posted into Investing. Holy Crap! @investing-holy-crap-MattMagnuson

Elon Musk beats $500 million severance suit over mass Twitter layoff US District Judge Trina Thompson in San Francisco ruled Tuesday that the employees’ claims weren’t covered under ERISA. (Photo: Bloomberg) 1 min read Last Updated : Jul 11 ​​2024 | 10:01 AM IS By Robert Burnson X Corp. and owner Elon Musk defeated one of the lawsuits filed over the firing of thousands of employees after the billionaire’s takeover of the social media platform in October 2022.