this post was submitted on 03 Mar 2024
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239
Lawyers who sunk Elon Musk's big pay package are now asking for nearly $6 billion worth of Tesla stock. Musk doesn't seem happy. (www.businessinsider.com)
submitted 8 months ago by [email protected] to c/[email protected]
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Lawyers who sunk Elon Musk's big pay package are now asking for nearly $6 billion worth of Tesla stock. Musk doesn't seem happy.::After sinking Elon Musk's $55 billion pay package, lawyers are now asking a Delaware court for about 11% of those Tesla shares for their fee.

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[–] [email protected] 45 points 8 months ago (1 children)

It's really hard for me to feel sorry for any of the parties involved so the ethics feel weird.

I guess the law firm saved the shareholders from being fleeced and they want their cut. It's obscene, but still a small fraction of what Elon would've walked off with.

[–] [email protected] 7 points 8 months ago

You’re touching on the difference between ethics and morals. Perfectly ethical, morally questionable.