{"id":10773,"date":"2023-07-18T01:37:53","date_gmt":"2023-07-17T23:37:53","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/07\/18\/tesla-directors-agree-to-return-735m-to-settle-claims-they-were-grossly-overpaid\/"},"modified":"2023-07-18T01:37:53","modified_gmt":"2023-07-17T23:37:53","slug":"tesla-directors-agree-to-return-735m-to-settle-claims-they-were-grossly-overpaid","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/07\/18\/tesla-directors-agree-to-return-735m-to-settle-claims-they-were-grossly-overpaid\/","title":{"rendered":"Tesla directors agree to return $735m to settle claims they were grossly overpaid"},"content":{"rendered":"<p>Shareholders sued the directors over stock option awards in 2017, accusing them of unfair and excessive compensation<\/p>\n<p>Tesla Inc\u2019s directors will return $735m to the company to settle claims they grossly overpaid themselves in one of the largest shareholder settlements of its kind, according to a Monday filing in a Delaware court.<\/p>\n<p>The settlement resolves a 2020 lawsuit by a retirement fund which holds Tesla stock and challenged stock options that were granted to Tesla directors starting in June 2017.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/jul\/17\/tesla-directors-compensation-lawsuit-settlement\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/37bbb7f0f906ae6b9b0e5e9ce2d440a26510a35a\/0_149_5328_3198\/master\/5328.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=18444226700eed390db3ab7ad00e5238\" title=\"Tesla directors agree to return $735m to settle claims they were grossly overpaid\" \/>Shareholders sued the directors over stock option awards in 2017, accusing them of unfair and excessive compensation<br \/>\nTesla Inc\u2019s directors will return $735m to the company to settle claims they grossly overpaid themselves in one of the largest shareholder settlements of its kind, according to a Monday filing in a Delaware court.<br \/>\nThe settlement resolves a 2020 lawsuit by a retirement fund which holds Tesla stock and challenged stock options that were granted to Tesla directors starting in June 2017. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shareholders sued the directors over stock option awards in 2017, accusing them of unfair and excessive compensation Tesla Inc\u2019s directors will return $735m to the company to settle claims they grossly overpaid themselves in one of the largest shareholder settlements of its kind, according to a Monday filing in a Delaware court. The settlement resolves &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/07\/18\/tesla-directors-agree-to-return-735m-to-settle-claims-they-were-grossly-overpaid\/\"> <span class=\"screen-reader-text\">Tesla directors agree to return $735m to settle claims they were grossly overpaid<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":10774,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/10773"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=10773"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/10773\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/10774"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=10773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=10773"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=10773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}