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home / articles / TECH - Elon Musk's X Faces 2200 Arbitration Cases $3.5M In Filing Fees: Report | Benzinga


TECH - Elon Musk's X Faces 2200 Arbitration Cases $3.5M In Filing Fees: Report | Benzinga

Twitter’s successor, X, is grappling with 2,200 arbitration cases and potential filing fees exceeding $3 million, CNBC reported.

These cases were filed by ex-employees following significant changes introduced by Elon Musk after he took over the company.

The figures came to light as part of a Delaware district court lawsuit filed by ex-Twitter employee Chris Woodfield.

Woodfield, an ex-senior staff network engineer at Twitter’s Seattle office, alleges that X failed to meet its severance payment promises and stalled alternative dispute resolution by not paying the required fees for proceeding with the JAMS arbitration system.

With JAMS applying a basic fee across all 2,200 arbitration cases against X, the filing fees could total around $3.5 million, not including potential additional costs.

X’s attorneys argue that the company did not require ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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