Musk Casts Shadow Over GameStop Pay Case
Elon Musk’s moonshot compensation may no longer be Delaware’s problem, but the issues that surfaced during the seven-year legal brawl over his record pay plan are already coming back around.
As Sabrina Willmer and I reported yesterday, a new lawsuit filed in Delaware’s Chancery Court is targeting a package worth up to $35 billion for GameStop CEO Ryan Cohen, head of another Delaware company with a passionate retail investor base.
Musk’s grant—worth $56 billion when a Delaware judge voided it and twice as much when it was restored on appeal—was later eclipsed ...
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