Tesla Investors' Arguments Against $7 Billion Legal Fee in Musk Pay Case
Monday, 8 July 2024, 10:07
Tesla Shareholders Dispute $7 Billion Legal Fee
Tesla investors are set to challenge a $7 billion attorneys' fee demanded in court, labeling the amount as excessive.
Investor Richard Tornetta Leads Legal Battle
Richard Tornetta, with support from law firms, contests the fee request linked to Musk's $56 billion compensation.
- Record Fee Request made by Tornetta on behalf of three law firms including Bernstein Litowitz Berger & Grossmann.
- Successful Legal Battle: Musk's stock options package voided in January after lawsuit victory by Tornetta.
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