Judge Allows Lawsuit Against X Over Unpaid Bonuses to Proceed

Former senior director of compensation, Mark Schobinger, alleges that the company failed to pay out 2022 bonuses as promised, with the total amount owed exceeding $5 million.

• X, formerly known as Twitter, is facing a lawsuit over unpaid employee bonuses, with a federal judge ruling that the case can proceed.
• The lawsuit was filed by Mark Schobinger, X's former senior director of compensation, who alleges that the company failed to pay out 2022 bonuses as promised.
• Schobinger claims that the company's executives, including former CFO Ned Segal, had promised that the bonuses would be paid out under its adopted bonus plan, which used a staffer’s salary to determine the amount of each bonus.
• The lawsuit alleges that employees were promised a 50% payout of their 2022 annual bonus if they remained with the company during Elon Musk's takeover.
• The total amount owed in bonuses exceeds $5 million, according to the court filing.

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