Corporate Crime/Legal Action

Tesla investors were the biggest losers in Elon Musk's Twitter deal, and those losses continue

Elon Musk’s huge Tesla compensation package challenged in court

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WILMINGTON, Del. – Testimony began Monday in a Delaware courtroom where a Tesla shareholder is challenging a compensation plan for CEO Elon Musk potentially worth more than $55 billion. The lawsuit alleges that the performance-based stock option grant was negotiated by a compensation committee and approved in 2018 by Tesla TSLA, -2.56% board members who …

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Here's the problem under the hood of Warren Buffett's Berkshire Hathaway

Here’s the problem under the hood of Warren Buffett’s Berkshire Hathaway

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It’s Midterm Day in America, so get your gun ready (where the law allows), get your local election lawyer to dial quickly, and break out the popcorn. United States, United States. More on that later. The company lost $2.7 billion in the third quarter, although its earnings are notoriously volatile and the losses were driven …

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