Elon Musk lost a legal battle over unpaid severance to a former Twitter employee who was fired when Musk took over the social media platform in 2022, according to a memo obtained by Bloomberg. Musk acquired Twitter for $44 billion two years ago and quickly fired more than half of its employees.
The move triggered complaints from more than 2,000 former employees who claimed they were not paid enough severance. Friday's legal victory could set a precedent for thousands of former employees who file similar arbitration complaints.
"The arbitrator awarded our client the full severance," attorney Shannon Liss-Riordan said in a memo Monday. "We are excited about this development and hope it is a harbinger of more good news to come."
Liss-Riordan declined to comment or to share the arbitrator's written ruling. Her client previously argued behind closed doors with a private judge. (Fortune)