Elon Musk Pay Package Lawsuit: Lawyers' Fees Debated in Lengthy Court Proceedings
Tuesday, 9 July 2024, 04:08
Elon Musk Pay Package Lawsuit
The recent court proceedings revolved around the compensation awarded to legal teams representing a Tesla shareholder.
Case Background
Richard Tornetta, a shareholder with a limited number of Tesla shares, contested Elon Musk's pay package in 2018.
Legal Debate
During the thorough six-hour session, the focus was on determining a substantial $7 billion fee for the involved law firms.
The verdict could have far-reaching implications for future corporate compensation disputes.
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