An attorney who says she represents approximately one-third of all Twitter employees that were fired since Elon Musk bought the company late last year, told a federal court in a new filing that the company is not serious in its attempts to resolve worker disputes through private arbitration and is asking the court to halt that process.
Those workers say they are actually owed far more than what the new CEO has offered them, given what Twitter, as a corporation, had already agreed to pay prior to the Musk acquisition. That severance package was also to include bonuses, stock vesting and other benefits that could total tens or even hundreds of thousands of dollars per employee…\
Read the complete story here.
This article first appeared on Securities Arbitration Alert (SAA), here. The arbitration underlying a suit challenging a FINRA Panel’s authority to hold a virtual hearing over a broker’s objection has been...
By George FriedmanRussia’s war against Ukraine affected many people and businesses, leaving a global impact. Foreign countries (States) imposed sanctions affecting the Russian economy during the war. Russia, in turn, imposed its...
By Brittany MunnThis article first appeared in the Securities Arbitration Alert (SAA) Blog, here. A party is challenging JAMS’ neutrality as an administrator because the provider filed an Amicus Brief at the Supreme Court...
By George Friedman
With the purchase of a Featured Membership, you will be shown on the front page of Arbitrate.com to web site visitors from your city and region (“state” if you are in the USA). You may appear in more than one city/region by purchasing additional locations.
