By Tom Hals WILMINGTON, Delaware (Reuters) – The legal team that voided Elon Musk’s record Tesla pay package deserves a tiny fraction of the $5.6 billion legal fee they requested because their lawsuit provided almost no benefit for the company, the electric automaker argued in court papers on Friday. Tesla said the legal team for […]
Tag: voided
Tesla objects to $5.6 billion payout for lawyers who voided Musk’s pay
By Tom Hals WILMINGTON, Delaware (Reuters) – The legal team that voided Elon Musk’s record Tesla pay package deserves a tiny fraction of the $5.6 billion legal fee they requested because their lawsuit provided almost no benefit for the company, the electric automaker argued in court papers on Friday. Tesla said the legal team for […]
Tesla asks shareholders to restore $56B Elon Musk pay package that was voided by Delaware judge
DETROIT (AP) — Tesla is asking shareholders to restore a $56 billion pay package for CEO Elon Musk that was rejected by a Delaware judge this year, and to shift the company’s corporate home to Texas. The changes, to be voted on by stockholders at a June 13 annual meeting, could be a tougher sell […]
Lawyers who voided Elon Musk’s pay as excessive want $6 billion fee
By Tom Hals WILMINGTON, Delaware (Reuters) -The lawyers who voided Elon Musk’s $56 billion compensation as excessive on Friday sought a record a $6 billion legal fee, payable in the electric car maker’s stock. “We recognize that the requested fee is unprecedented in terms of absolute size,” the three law firms said in a filing […]
Lawyers who voided Elon Musk’s pay as excessive want $6 billion fee
By Tom Hals WILMINGTON, Delaware (Reuters) -The lawyers who voided Elon Musk‘s $56 billion compensation as excessive on Friday sought a record a $6 billion legal fee, payable in the electric car maker’s stock. “We recognize that the requested fee is unprecedented in terms of absolute size,” the three law firms said in a filing […]
Lawyers who voided Elon Musk’s pay as excessive want a $6 billion fee
By Tom Hals WILMINGTON, Delaware (Reuters) -The lawyers who voided Elon Musk’s $56 billion compensation as excessive are seeking a record legal fee worth $6 billion, payable in the electric car maker’s stock, according to a Friday court filing. “We recognize that the requested fee is unprecedented in terms of absolute size,” said the filing […]
Grieving widower can’t wrap his head around why his late wife’s life insurance was voided — here’s the sad reason this TikToker says his claim was rejected
‘He was left holding the bag’: Grieving widower can’t wrap his head around why his late wife’s life insurance was voided — here’s the sad reason this TikToker says his claim was rejected The school of hard knocks is particularly cruel when it comes to bad money moves — especially when someone you love takes […]
Musk’s $55 Billion Pay Package Voided, Threatening World’s Biggest Fortune
(Bloomberg) — Elon Musk’s $55 billion pay package at Tesla Inc. was struck down by a Delaware judge after a shareholder challenged it as excessive, a ruling that would take a giant bite out of Musk’s wealth and put the fate of his companies in question. Most Read from Bloomberg That is if the ruling […]
Musk’s $55 Billion Pay Package Voided, Threatening World’s Biggest Fortune
(Bloomberg) — Elon Musk’s $55 billion pay package at Tesla Inc. was struck down by a Delaware judge after a shareholder challenged it as excessive, a ruling that would take a giant bite out of Musk’s wealth and put the fate of his companies in question. Most Read from Bloomberg That is if the ruling […]
Elon Musk’s Tesla $55B pay package voided by judge
A Delaware Chancery Court judge has voided Tesla (TSLA) CEO Elon Musk’s $55 billion pay package. A Tesla shareholder had sued Musk and Tesla, arguing the pay package was excessive and that the company’s board “breached their fiduciary duties.” In the decision, the judge says “the compensation plan is subject to review under the entire […]