ALM Benefits Pro: Twitter’s $500M ERISA lawsuit continues, as employees seek denied severance benefits
ALM Benefits Pro: Twitter’s $500M ERISA lawsuit continues, as employees seek denied severance benefits . “Late last week, an earlier lawsuit alleging Employee Retirement Income Security Act violations was amended to include another former employee. It also provides more details on claims about Musk’s disregarding of the severance plan in violation of ERISA and the intertwining of Musk and Twitter so he cannot avoid personal liability. In addition to seeking a minimum of $500 million in damages, the suit aims to compel Musk and X to pay terminated employees what they are owed under the severance plan.”