Atlas Shrugged Non-Fiction: Lawyers Who Voided Musk's "Excessive" $56 Billion Pay-Plan Seek $6 Billion Worth Of Legal Fees ($288,888 per hour) From Shareholders
Posted by freedomforall 2 months, 1 week ago to Business
Excerpt:
"The reasoning for the excessive fee rests on the fact that the victory to void Musk's pay plan results in 266 million shares being returned to the company.
Needless to say, Elon Musk didn't stop to find the irony in the situation. "The lawyers who did nothing but damage Tesla want $6 billion. Criminal," Elon Musk fired back on X on Friday. "
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I hope they get the shares but must hold them in escrow for 10 years in which time the company goes bankrupt and the shysters get nothing whatsoever. Ditto for the shareholders who are being rewarded for foolish federal programs that cheat every taxpayer in the US, and who have done nothing to be rewarded for.
"The reasoning for the excessive fee rests on the fact that the victory to void Musk's pay plan results in 266 million shares being returned to the company.
Needless to say, Elon Musk didn't stop to find the irony in the situation. "The lawyers who did nothing but damage Tesla want $6 billion. Criminal," Elon Musk fired back on X on Friday. "
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I hope they get the shares but must hold them in escrow for 10 years in which time the company goes bankrupt and the shysters get nothing whatsoever. Ditto for the shareholders who are being rewarded for foolish federal programs that cheat every taxpayer in the US, and who have done nothing to be rewarded for.
But follow me.
It should be paid by the shareholders (directly) who brought the suit!
That should square things up really quickly!
They created a system that enriches them by creating problems for and at the expense of others, without providing any product or service.
likely nothing will be done to stop this as these are lawyers, you know the slimes that are the highest donators to the democrat party of traitors