A group of
Florida shareholders ARK Investment Management LLC, David Israel, and Kurt Panouses filed the notice of appeal in the Supreme Court of Delaware docketed on Dec. 31 over the ruling to block what would be the largest CEO compensation deal in US history. The notice also targets Chancellor Kathaleen St. J. McCormick’s $345 million award in attorneys fees.
McCormick ruled early last year and again in December that the CEO and board breached fiduciary duty to Tesla ...
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