Three firms that represented a Tesla shareholder seek record fee from the electric vehicle maker because they benefited from the return of Musk’s stock options
The lawyers who successfully argued that Elon Musk’s $56bn pay package was excessive are seeking a record legal fee worth $6bn, payable in the electric car maker’s stock, according to a court filing.
“We recognise that the requested fee is unprecedented in terms of absolute size,” Friday’s filing by the three law firms with the court of chancery in Delaware said.
