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Litigation

Jul. 20, 2016

Hyperloop One fires back at ousted employees

The company and its founder, Shervin Pishevar, are seeking $250 million from a group of ousted employees who filed a lawsuit against the company last week, claiming in a cross-complaint filed Tuesday that the original lawsuit was merely an act of retaliation after a failed coup attempt.

By Steven Crighton
Daily Journal Staff Writer

Hyperloop One and its founder, Shervin Pishevar, are seeking $250 million from a group of ousted employees who filed a lawsuit against the company last week, claiming in a cross-complaint filed Tuesday that the original lawsuit was merely an act of retaliation after a failed coup attempt.

Hyperloop argued a "botched power grab" was orchestrated by company co-founder Brogan BamBrogan, assista...

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