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Stockreport

Tesla kicks off legal fight to reinstate CEO Elon Musk's pay [Globe and Mail, The (Toronto, Canada)]

Tesla, Inc. (TSLA)  More Company Research Source: Globe and Mail, The
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
“The approval of ratification by Tesla's stockholders significantly impacts the claims and issues in this action, including the court's final judgment,” Tesla attorneys told McCormick in the letter, which was filed with the Court of Chancery on Friday. Greg Varallo, a shareholder attorney in the case against the pay package, said the ratification had “no legal effect” on the case and that he would explain his argument in a brief due Friday. Tesla has said the ratification process was “novel” and it was unclear if McCormick and the Delaware Supreme Court would accept the result. Tesla has argued that the ratification has now cured the problems raised in McCormick's ruling in January. The judge found Musk controlled the 2018 process that led to the pay package and that Tesla concealed key information from shareholders about the ease of the targets the company had to meet for Musk to be paid. A special committee of its board reviewed the pay package and determine it was in the [Read more]
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Stockreport

Tesla kicks off legal fight to reinstate CEO Elon Musk's pay [Globe and Mail, The (Toronto, Canada)]

Tesla, Inc.  (TSLA) 
More Company Research Source: Globe and Mail, The
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
“The approval of ratification by Tesla's stockholders significantly impacts the claims and issues in this action, including the court's final judgment,” Tesla attorneys told McCormick in the letter, which was filed with the Court of Chancery on Friday. Greg Varallo, a shareholder attorney in the case against the pay package, said the ratification had “no legal effect” on the case and that he would explain his argument in a brief due Friday. Tesla has said the ratification process was “novel” and it was unclear if McCormick and the Delaware Supreme Court would accept the result. Tesla has argued that the ratification has now cured the problems raised in McCormick's ruling in January. The judge found Musk controlled the 2018 process that led to the pay package and that Tesla concealed key information from shareholders about the ease of the targets the company had to meet for Musk to be paid. A special committee of its board reviewed the pay package and determine it was in the [Read more]
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TSLA
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LAST PRICE AT
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PERFORMANCE SINCE EVENT
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