Tesla Board Compensation Derivative Suit Settles for $735 Million

Tesla Board compensation derivative suit settlement | Insights | CRA

In July 2023, non-employee directors of Tesla, Inc. (Tesla) agreed to return $735 million in the form of cash, shares, and options to settle a lawsuit.

Tesla Board compensation derivative suit settlement

(Tesla) agreed to return $735 million in the form of cash, shares, and options to settle a lawsuit that alleged they awarded themselves outsized.

Tesla directors pay $735 mln to settle lawsuit over excess ... - Reuters

Tesla Inc's directors will return $735 million to the company to settle claims they grossly overpaid themselves in one of the largest ...

Tesla Board Compensation Derivative Suit Settles for $735 Million

The defendant board members in the Tesla Board compensation derivative suit have agreed to settle the case for a combination of payments and transfers with a ...

Tesla directors will return $735 million to company to settle ... - CNN

The settlement resolves a 2020 lawsuit by a retirement fund which that holds Tesla (TSLA) stock and challenged stock options that were granted ...

Tesla directors to return more than $735 million to company to settle ...

Current and former directors of Tesla Inc. have agreed to return more than $735 million to the electric-vehicle maker to settle a ...

Tesla Board Compensation Derivative Litigation

As reflected in the parties' Stipulation, the settlement, which is valued at over $919 million and resolves claims from 2017 to present, ...

Tesla Board Agrees to $735 Million Settlement in Shareholder ...

The settlement has no impact on the litigation surrounding the $56 billion compensation package of Elon Musk, which is being challenged by ...

Tesla, Inc. Settles $753 Million Shareholder Suit Challenging ...

Tesla Inc.'s board of directors agreed to settle a shareholder derivative suit for $735 million, ending a three-year lawsuit against the ...

Tesla fights $230 million fee sought by attorneys who sued over ...

Tesla Inc urged a Delaware judge on Friday to reject $230 million in legal fees requested by a team of shareholder attorneys who won a ...

Tesla board members to return $735 million amid lawsuit they ...

The settlement, which was filed in the Delaware Chancery Court on Monday, shows the board members have made a deal to give back $735 million to ...

Tesla directors returning $735M to settle excess compensation suit

Current and former directors of electric-vehicle maker Tesla have agreed to return more than $735 million to the company to settle a ...

Tesla directors pay $735M to settle claims they overpaid themselves

The settlement agreement involves a derivative lawsuit filed on behalf of the company in 2020 by the Police and Fire Retirement System of the ...

BFA Reaches Historic Derivative Settlement in Tesla Litigation

The Director Defendants will return to Tesla the value of over 3.1 million options, which, by using an agreed-upon valuation methodology, are ...

Musk, Tesla board to return $735M after being sued for overpaying ...

Elon Musk, Larry Ellison, and other current and former Tesla board members agreed to return over $735 million to settle a shareholder lawsuit.

Tesla directors to return more than $735 million to company to settle ...

The settlement agreement involves a derivative lawsuit filed on behalf of the company in 2020 by the Police and Fire Retirement System of the ...

Tesla Board Inks $735M Deal To Settle Pay Suit - Law360

Tesla Inc.'s board of directors agreed Monday to return $735 million through a combination of stocks, options and cash to settle a ...

Tesla Settles Shareholder Lawsuit for $735M Amid Political Backlash

— Tesla Inc.'s board of directors agreed Monday to return $735 million to shareholders who sued them for reaping windfall personal income ...

Tesla Board Compensation Derivative Suit Settles for $735 Million ...

In what is as far as I know the largest shareholder derivative lawsuit settlement ever as measured by dollar value, the defendant board members in the Tesla ...

$735M Tesla Settlement Drives Home Lessons For Boards - Law360

As one of the largest settlements of its kind, the recent $735 million ... $735 million, finally resolving a 2020 shareholder derivative suit.