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3 months agoElon Musk's unlikely foe in $56bn pay defeat: US thrash metal drummer
Elon Musk lost a legal case brought by a former heavy metal drummer, resulting in the voiding of his $56bn pay package.
The unlikely opponent, Richard Tornetta, held just nine shares of Tesla and accused Musk of unfairness to him and fellow shareholders.
Tornetta's case raises questions about the power of individual investors with small holdings and their ability to shape corporate law. [ more ]