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Tesla investors might get payout from SEC settlement. Tesla shareholders who claimed to face financial losses after CEO Elon Musk tweeted about taking the company private might be on the verge of ...
A class-action lawsuit from August and September 2018 regarding Musk's tweets about potentially going private ( In re Tesla Inc. Securities Litigation) ended in February 2023 when a jury found Musk and Tesla not liable. [7]
A jury found that Elon Musk was not liable for Tesla investors’ losses, following a weeks-long trial in San Francisco.
Tesla's directors will pay back $735M to company in settlement over claims they overpaid themselves in stock options.
WILMINGTON, Delaware (Reuters) -A record $7 billion in attorneys' fees for three firms that successfully challenged Elon Musk's $56 billion Tesla pay package provides an incentive for lawyers to ...
Tesla’s (TSLA) accusations this week that the Securities and Exchange Commission reneged on a 2018 settlement requiring it to return $40 million to shareholders could be backed up by its own rules.
Elon Musk was found not liable in a class-action securities fraud trial that centered on the Tesla CEO's now infamous "funding secured" tweet.
A judge has rejected his request to drop the 2018 deal made with the US Securities and Exchange Commission (SEC) that required a company lawyer approve any Tesla-related tweets.