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Tesla director compensation derivative suit governance case

Defendants

Shareholders alleged Tesla directors awarded themselves excessive stock options from 2017 to 2020.

The case

Court
Delaware Court of Chancery
Filed
Jun 17, 2020
Status
Settled
Outcome
Directors returned $277 million in cash to Tesla; plaintiffs' counsel received $176 million, which Tesla appealed.

History

1 dated entry
FilingJun 17, 2020 · 6.4y agoComplaint filed: Police and Fire Retirement System of the City of Detroit v. EllisonSource
Caption and links

Police and Fire Retirement System of the City of Detroit v. Ellison

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