Judge who nixed Musk's pay package hears arguments on massive fee request from plaintiff lawyers
A Delaware judge is considering a massive and unprecedented fee request by lawyers who successfully argued that a massive and unprecedented pay package for Tesla CEO Elon Musk should be voided
By RANDALL CHASE
Published - Jul 08, 2024, 08:15 PM ET
Last Updated - Jul 08, 2024, 08:15 PM EDT
WILMINGTON, Del. (AP) — A Delaware judge heard arguments Monday over a massive and unprecedented fee request by lawyers who successfully argued that a massive and unprecedented pay package for Tesla CEO Elon Musk was illegal and should be voided.
After a full day of expert-witness testimony and arguments by attorneys, McCormick gave no indication on when she would rule on the fee request.
The fee amount sought by plaintiffs’ attorneys dwarfs the current record $688 million in legal fees awarded in 2008 in litigation stemming from the collapse of Enron.
