ERSRI is suing Musk for allegedly selling $30 billion in stock before negative events, using profits to buy Twitter. Another lawsuit by Michael Perry accuses Musk of making sales based on insider information.
ERSRI holds 140,000 Tesla shares worth $25.1 million. The lawsuit was filed just before Tesla's crucial Annual Shareholder Meeting where Musk's $56 billion pay package is to be voted on.
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