Delaware judge reaffirms ruling that invalidated massive Tesla pay package for Elon Musk
McCormick also rejected an equally unprecedented and massive fee request by plaintiff attorneys, who argued that they were entitled to legal fees in the form of Tesla stock valued at more than $5 billion. The judge said the attorneys were entitled to a fee award of $345 million.
Elon Musk’s massive, multi-billion-dollar Tesla pay package was blocked by a judge again
Elon Musk’s record-breaking pay package for serving as Tesla’s CEO was rejected on Monday by a Delaware court, despite being approved by Tesla shareholders at a June meeting.
Delaware judge rejects request to restore Elon Musk's $56 billion Tesla compensation
A Delaware judge ruled on Monday that Tesla CEO Elon Musk still is not entitled to receive a $56 billion compensation package despite shareholders of the electric vehicle company voting to reinstate it.
Tesla loses bid to restore Elon Musk’s $56bn pay package
A judge in Delaware on Monday rejected Tesla’s attempt to restore Elon Musk’s $56bn pay package after previously striking it down as a breach of the carmaker board’s fiduciary duty. Lawyers for the shareholder who brought the original suit were also awarded $345mn,
Judge confirms decision to sink Elon Musk’s $56B pay package despite Tesla shareholder vote
Delaware Chancery court judge Kathaleen McCormick has denied Tesla’s request to revise her decision to strike down CEO Elon Musk’s $56 billion pay package — despite shareholders voting at the company’s annual meeting this year to “re-ratify” the deal.
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Elon Musk's pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.
Elon Musk's $56 Billion Tesla Pay Package Rejected Again By Delaware Judge
A Delaware judge again rejected Tesla's huge 2018 pay deal for CEO Elon Musk. Tesla stock fell modestly late after setting a two-year closing high.
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