Monday, November 21, 2016

Hyperloop One Settles Lawsuit With BamBrogan, Others

Los Angeles-based next generation transportation technology developer Hyperloop One said Friday that it has settled a lawsuit filed by former CTO Brogan BamBrogan and three others. Terms of the settlement were not disclosed. BamBrogan and three other former employees had filed suit against Hyperloop One--as well as a number of board members-- in July, and Hyperloop One had filed its own countersuit against BamBrogan for $250M.

---