Tesla Directors Accused Of Overpaying Themselves Will Return $735M via InsideEVs
A total of 12 Tesla directors, including CEO Elon Musk, have agreed to return over $735 million in stock awards and cash to the company to settle claims they vastly overpaid themselves.
According to a July 17 filing in a Delaware court, the settlement resolves a 2020 lawsuit by a retirement fund which holds Tesla stock. The Police and Fire Retirement System of the City of Detroit challenged stock options that were granted to Tesla directors starting in June 2017, describing them as unfair and excessive., his brother Kimbal Musk, Oracle co-founder Larry Ellison, and James Murdoch, son of media mogul Rupert Murdoch, agreed to return the equivalent value of 3.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Tesla's Board of Directors Return $735 Million After Being Accused of Overpaying ThemselvesThe board members, including Elon Musk, reportedly reached a settlement following investor complaints that they were overpaid.
Leer más »
Tesla directors pay $735 million to settle lawsuit over excess compensationThe settlement resolves a lawsuit by a retirement fund which holds Tesla stock and challenged stock options that were granted to directors starting in 2017.
Leer más »
Tesla directors agree to return $735 million following claims they were massively overpaid | EngadgetElon Musk, Larry Ellison and other current and former members of Tesla's board of directors will return $735 million to settle claims that they massively overpaid themselves..
Leer más »
What's The Current Tesla Cybertruck Situation & Plan? - CleanTechnicaThe long-awaited Tesla Cybertruck is expected to enter production later this year, after several delays over the years. In recent months, Tesla CEO Elon Musk has shared a few tidbits about the unique electric pickup, even calling it “better than expectations.” Above: A Tesla Cybertruck model from EVANNEX. Image by Casey Murphy / EVANNEX. The Tesla Cybertruck […]
Leer más »
Southwest Airlines puts lobbying firm employee, former U.S. Senator Roy Blunt on boardSouthwest Airlines has appointed a former politician from Missouri to its board of directors.
Leer más »
Elizabeth Warren asks SEC to investigate Tesla | CNN BusinessDemocratic Senator Elizabeth Warren asked the SEC to investigate Tesla and its board of directors to determine whether they violated securities laws after CEO Elon Musk took over Twitter last year.
Leer más »