Lawyers who had Elon Musk’s pay dismissed as excessive seek $6bn in Tesla shares
by Reuters from Technology | The Guardian on (#6K1H6)
Three firms that represented a Tesla shareholder seek record fee from the electric vehicle maker because they benefited from the return of Musk's stock options
The lawyers who successfully argued that Elon Musk's $56bn pay package was excessive are seeking a record legal fee worth $6bn, payable in the electric car maker's stock, according to a court filing.
We recognise that the requested fee is unprecedented in terms of absolute size," Friday's filing by the three law firms with the court of chancery in Delaware said.
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