Lawyers who sued Tesla board for excess pay want $10,000 an hour

 

WILMINGTON, Delaware, Sept 20 (Reuters) - A legal team that forced Tesla's (TSLA.O) directors to agree in July to return more than $700 million in compensation to the automaker for allegedly overpaying themselves are now seeking a huge payday of their own.

The lawyers want a judge to approve $229 million in fees, or $10,690 an hour, according to a Sept. 8 filing in Delaware's Court of Chancery.

https://www.reuters.com/legal/lawyers-who-sued-tesla-board-excess-pay-want-10000-an-hour-2023-09-20/