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.
"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 CNBC News on Friday. Read more...
Source: mashable vr