Hyperloop One has settled a lawsuit that accused top executives of cronyism, nepotism, misuse of funds and allegations of harassment.
The Los Angeles-based developer of a futuristic transport system first thought up by Elon Musk has finally put a close to a lawsuit filed in July by four former employees. The settlement amount is confidential.
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“Hyperloop One is pleased to announce that it has reached a confidential resolution of litigation with its former employees and looks forward to continuing to execute on its business plan,” the company said in an emailed statement to …
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Hyperloop One finally settles its ugly lawsuit with former employees
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