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> Upon appeal from the Court of Chancery. AFFIRMED IN PART, REVERSED IN PART. > For the reasons explained below, we reverse the remedy chosen by the Court of C
by aw1621107 10mo ago
> Upon appeal from the Court of Chancery. AFFIRMED IN PART, REVERSED IN PART.
> For the reasons explained below, we reverse the remedy chosen by the Court of Chancery – rescission of the 2018 compensation plan. We reinstate the 2018 plan and award the Plaintiff nominal damages. We also award the Plaintiff’s counsel fees based on quantum meruit and expenses.
- spikels 10mo agoTranslation: Musk gets the full 2018 compensation plans (worth ~$139 billion); plaintiff get $1 and plaintiff's lawyers get $54.3 million plus interest.