However, additional time is needed to finalize details of the settlement, the parties said.
Lawyers for Berenson and Twitter, in the filing, asked U.S. District Judge William Alsup, a Clinton appointee, to extend deadlines to produce certain documents, known as discovery, in light of the agreement.
Alsup extended the deadlines by 14 days, less than the 28 days requested, and said that he would not allow any further extensions.
The extensions mean Berenson had until June 30 to produce certain documents and Twitter has until mid-July to produce certain materials.
DiscoveryThe filings contain no details concerning the settlement details. Berenson said in an initial blog post that he couldn't share details until the settlement is actually filed but later pointed out how he'd promised that "there would be no settlement without third-party discovery."
Berenson emphasized he will not accept an agreement unless it allows him to not only obtain materials from Twitter, but to talk about those materials.
Twitter did not respond to a request for comment.
Berenson said in the suit that he was assured by a senior executive that he would not be banned, that he did not break the rules, and that Twitter broke its promises and policies in removing him.
He accused Twitter of violating the U.S. Constitution’s First Amendment, federal laws, and the California Common Carrier Law, as well as breaching the user contract it entered with Berenson.
Twitter tried to dismiss the suit, but Alsup allowed it to proceed with the breach of contract claims.