Bernstein litowitz berger & grossmann wins landmark compensation challenge for tesla shareholders as delaware court rescinds elon musk's entire $55 billion tesla pay package

Wilmington, del.--(business wire)--in a historic corporate governance decision on behalf of shareholders, the delaware court of chancery has nullified elon musk's entire $55 billion compensation package at the request of a tesla stockholder. shareholders of tesla had challenged the 12-tranche package of stock options awarded to the company's ceo in 2018, totaling up to approximately $55 billion, by far the largest executive pay package in history. during a full trial on the merits, tesla shareh.
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