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Lawyers who voided Elon Musk's pay as excessive want a $6 bln fee
- Legal teams requested a $6-billion fee, connected to Elon Musk's voided $56-billion compensation package, documents filed in Delaware Chancery Court.
- Musk labels the fee request as "criminal," indicating dissatisfaction with the legal team's actions.
- The legal team argued that winning the January case against Musk provided "enormous benefits" to the carmaker, justifying the size of their requested fee.
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79 Articles
79 Articles
After successfully disputed Elon Musk's compensation of around 52 billion euros, they are demanding their own fee. Musk's compensation was absurd. They themselves “only” want 5.5 billion euros.
·Berlin, Germany
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Lawyers who stopped Elon Musk's "excessive" $56 billion Tesla pay ask for $6 billion fee
More than five years after shareholder Richard Tornetta filed suit against Tesla over claims it breached its fiduciary duty by unjustly enriching its CEO to the tune of $56 billion, a Delaware judge voided Musk's pay package in January.Read Entire Article
Coverage Details
Total News Sources79
Leaning Left22Leaning Right14Center29Last UpdatedBias Distribution45% Center
Bias Distribution
- 45% of the sources are Center
45% Center
L 34%
C 45%
R 21%
Factuality
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