Director Compensation: Settlement Approved in the “Other” Tesla Litigation
Director Compensation: Settlement Approved in the “Other” Tesla Litigation

Last month, Chancellor McCormick approved the settlement in Tesla’s big director compensation case. Although the amounts in this case were dwarfed by Tornetta, the directors are returning and forgoing about $920 million in total value – that’s a big deal! This Reuters article summarizes: The settlement requires Tesla board members including Denholm and Murdoch to return roughly $277 million in cash, […]

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