IT House reported on March 2 that a Delaware judge in the United States pronounced a judgment in January this year, ruling that Elon Musk's $56 billion compensation and incentive package was invalid, and now the legal group representing shareholders submitted a motion to obtain Tesla** worth nearly $6 billion (IT House note: currently about 43.2 billion yuan) as its remuneration.
The plaintiffs' attorneys said the fee was calculated on an hourly basis$288888 per hour(currently about 2.08 million RMB).
The plaintiffs' law firm, Bernstein Litowitz Berger & Grossmann (BLB&G), filed documents in Delaware court on Friday local time, making the fee reasonable given the value they bring to Tesla's shareholders.
blb&g requirements,Hoping to claim 11% of the ** returned by Musk as compensation, i.e. just over 29.4 million shares. Tesla shares closed at 202 per share on Friday$64,This means that the value of this fee is about 59$600 million (currently about $429.)RMB 1.2 billion).
BLB&g said that if you could normally claim one-third of the subject matter based on historical precedents, that's $18.7 billion for $56 billion.
The team noted that in a 2012 Delaware case, plaintiff attorneys were awarded nearly $300 million, or 15 percent of shareholder recoveries, the highest amount ever received by the court, so 11 percent was a reasonable request.
And in consideration for accepting 11%, BLB&G also demanded that it be allowed to be free **Tesla** without specifying a holding period. If approved by a Delaware court, BLB&G would become one of Tesla's top 10 shareholders.
Musk then responded: "These lawyers only know how to talk and don't do anything, but they want $6 billion to damage Tesla." What a punishment."