Goose goose duck redeem codes3/24/2024 ![]() ![]() ![]() Tornetta’s lawyers at Andrews & Springer didn’t respond to requests for comments. That suit, which is ongoing, is challenging the sale of Pandora Media to Sirius XM.įriedman Oster & Tejtel is based in New York, but it specializes in corporate misconduct cases in Delaware, said principal David Tejtel. The case was originally filed by lawyers from Friedman Oster & Tejtel PLLC and Delaware-based Andrews & Springer LLC, which also represents Tornetta in a separate lawsuit that began in 2019. Varallo and his team defeated a team of lawyers led by heavyweight New York law firm Cravath, Swaine & Moore and its chairman, Evan Chesler. “This would be as though it never happened," said Greg Varallo, lead lawyer for the single shareholder plaintiff, Richard Tornetta, referring to the board’s decision to award the package. The judge in the case, Chancellor Kathaleen McCormick, found that the process for securing approval of Musk’s compensation was “deeply flawed," and agreed this week to rescind the CEO’s package, which was valued at a maximum of $55.8 billion. Musk has said he didn’t dictate the terms of his pay plan. The suit, filed in 2018, alleged Tesla’s CEO controlled the approval process and that the board misled investors, who later approved it. The bombshell decision, issued Tuesday in the Delaware Court of Chancery, came more than five years after a Tesla shareholder originally filed suit, asking the state’s business-law court to cancel Musk’s pay package at the electric-car maker.
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