A Delaware judge has blocked Elon Musk's massive Tesla pay package for the second time this year, ruling that the company's vote to approve the payout doesn't change anything.
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#delaware / Page 9
After Musk's CEO pay package currently worth over $100 billion in stock was struck down once more, Tesla will argue its case before the state's supreme court.
A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk's multibillion-dollar pay package.Chancellor Kathaleen St. Jude McCormick on Monday denied a request by attorneys for Musk and Tesla's corporate directors to vacate her ...
/PRNewswire/ -- Dwight Kay and Chay Lapin, Managing Members and Founding Partners of Cove Capital Investments--a Delaware Statutory Trust sponsor ...
A judge's new ruling "means that judges and plaintiffs' lawyers run Delaware companies' instead of investors," Tesla said ...
The electric vehicle maker vowed to appeal after a Delaware judge rejected the tech mogul's massive compensation deal for a second time.
A Delaware judge has again denied Elon Musk's bid to award himself a pay package at Tesla worth $56bn, upholding her own earlier ruling that the process leading to it was "deeply flawed" due to his power over the company's board. -- Read the rest The ...
A Delaware judge ruled on Monday that Tesla CEO Elon Musk still is not entitled to receive a $56 billion US compensation package despite shareholders of the electric vehicle company voting in June to reinstate it.
Delaware Court Judge Kathaleen McCormick has rejected Tesla's $56 billion CEO pay package for the second time, ordering the company to pay $345 million in legal fees while Tesla plans to appeal the decision.
The Delaware jude upheld her decision, in which she ruled that Tesla's board members were too heavily influenced by Musk and that shareholders weren't properly informed of the CEO's pay package.