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Tesla directors returning $735M to settle excess compensation suit

Por: New York Post Business July 19, 2023

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Current and former directors of electric-vehicle maker Tesla have agreed to return more than $735 million to the company to settle a shareholder lawsuit alleging that they unjustly enriched themselves with excessive compensation. The proposed settlement was outlined in documents filed late Friday in the Delaware Court of Chancery and is subject to court approval. The settlement does not include claims involving any other Tesla shareholder suit,... + full article



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