Delaware Judge Foiled: Stopped $56B Payout, But Couldn’t Stop Potential $140B Jump at SpaceX
"You just can't keep a good man down," the old saying goes, and with billionaire Elon Musk that certainly appears to be true regarding his finances. On Tuesday, Delaware Judge Kathaleen St. Jude McCormick ruled for a second time that the Tesla CEO's 10-year compensation package approved in 2018 and once valued at $56 billion was excessive and the
Elon Musk’s $56B Tesla pay package rejected again by Delaware judge
McCormick also ordered Tesla to pay the attorneys who brought the case $345 million, well short of the $6 billion they initially requested.
Judge denies Elon Musk's billion-dollar Tesla pay package for a second time
McCormick rejected arguments that the 2018 $56 billion compensation was essential to ensure Musk dedicated his attention to Tesla. The judge said Musk had
Delaware Judge Upholds Ruling That Denied Musk Massive Tesla Pay Package
Chancellor Kathaleen St. Jude McCormick cited 'multiple, material misstatements' in a company proxy statement as she reaffirmed earlier rulings scrapping the CEO's $56 billion compensation award.
Elon Musk says the latest rejection of his mega Tesla payday is 'totally crazy'
Elon Musk hit out at a Delaware judge's latest rejection of his huge Tesla pay package, calling it "totally crazy" and "absolute corruption."
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Elon Musk’s pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.
A judge has once again rejected Musk's multi-billion-dollar Tesla pay package. Now what?
For a second time, a Delaware judge has nullified a pay package that Tesla had awarded its CEO, Elon Musk, that once was valued at $56 billion
Judge rejects Elon Musk’s $56 billion pay package, despite shareholder vote
A Delaware judge rejected Elon Musk’s $56 billion Tesla pay package for the second time, despite shareholders voting to reinstate it earlier this year.
What’s Next in the Legal Battle Over Elon Musk’s $100 Billion Pay Deal
The Tesla CEO’s record-breaking compensation package has hit another roadblock, after a Delaware judge again rejected the deal.
Elon Musk's $56 Billion Tesla Pay Package Blocked Again
Tesla is ordered to pay the attorneys who sued over Musk's pay package $345 million in a move Musk claims is 'absolute corruption.'
Musk’s Multibillion-Dollar Tesla Payout Is Gutted by Judge
Elon Musk’s record-setting Tesla Inc. pay package was struck down once again by a Delaware judge, threatening to wrest billions of dollars from the world’s richest person and one of Donald Trump’s closest confidants.
Who is Kathaleen McCormick, judge who slashed Elon Musk's pay package
Delaware Chancellor Kathaleen McCormick struck down Elon Musk's $55.8 billion Tesla compensation, emphasizing strict ...
Musk Compensation Case Will Stand as Corporate Governance Pillar
Beck says the Delaware Supreme Court likely won’t overturn the denial of Elon Musk’s $56 billion compensation package, but it ...
Musk Loses, Trial Lawyers Win
Plaintiffs firms get $345 million for causing a decline in Tesla stock.
Legal Fee Tracker: Ex-judge sues law firm Hagens Berman over pharma fee award
A Mississippi lawyer and former federal judge has sued national plaintiffs law firm Hagens Berman Sobol Shapiro, claiming it ...
Elon Musk's Next Move in 'Extraordinary' $56 Billion Salary Battle
After an adverse ruling from a Delaware judge, the billionaire Tesla CEO may move his pay battle to Texas, a legal analyst ...
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Musk’s $56 billion punishment
He is now being penalized $56 billion for that sin. Kathaleen McCormick, a jurist in the Delaware Court of Chancery, on ...
Elon Musk Has a Lot More Than a 'Tornetta' Appeal to Resolve in Del. Court
It could be a while before Musk sees the last of Delaware or McCormick, who he called in a Dec. 3 tweet "a radical far left ...
Tesla Stock Is Down. Here’s What Is Weighing on the Shares.
Tesla stock fell Tuesday as investors weighed news out of Delaware and China—and considered taking some profits.Shares of ...