Vice-Chancellor Joseph Slights III agreed with the plaintiff shareholders that a conflict of interest existed between Tesla CEO Elon Musk and the compensation committee. For that reason, the company's board of directors was ordered to turn over communications between Musk and two former in-house attorneys regarding the compensation package.
A Tesla dealership in Decatur, Georgia. Photo: John Disney/ALM A Delaware judge has ordered Tesla Inc.'s board of directors to turn over communications between Tesla CEO Elon Musk and two former Tesla in-house attorneys regarding Musk's compensation plan, a plan that could net him billions of dollars.
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If Chancellor Kathaleen St. J. McCormick approves the settlement, a stipulation of which was filed with the court on Thursday, it could bring more than four years of litigation to a close.
Trade experts found this second set of duties to be more similar to the tariffs that came out of the first Trump administration—which have largely withstood legal scrutiny—than to the emergency duties that courts recently rejected.
Senior Judge Richard Eaton gave government counsel until Friday to prepare initial ideas on how customs could refund the tariffs to importers, without them having to file a lawsuit.
NYC's Corporation Counsel Steven Banks filed a lawsuit alleging that AT&T violated federal securities law by refusing to include the city pension funds’ proposal in its 2026 proxy materials—an exclusion that effectively blocked the proposal. The case is one of the first to be filed by the Law Department under Banks’ leadership.
The suit alleges "willful" infringement, which carries penalties of up to $150,000 per work.
