Get the latest tech news
Lawyers who sunk Elon Musk's big pay package are now asking for nearly $6 billion worth of Tesla stock. Musk doesn't seem happy.
After sinking Elon Musk's $55 billion pay package, lawyers are now asking a Delaware court for about 11% of those Tesla shares for their fee.
The attorneys argued in a Friday court filing that the fee for their litigation work amounts to about 11% of the pay package. Chancellor Kathleen McCormick of the Delaware Chancery Court now has to decide how much of the compensation package can go to attorneys' fees. Tornetta's lawyers, including lead attorney Greg Varallo of Bernstein Litowitz Berger & Grossman, wrote in the Friday court filing that his team is prepared to "eat our cooking."
Or read this on r/technology
