Replies to post #110290 on Lehman Brothers Financial SA (LEHNQ)

[cottonisking]

Unholy Row Basis:

The fee works out to an hourly rate of $288,888, according to the filing.

“This structure has the benefit of linking the award directly to the 👉️benefit created👈️ and avoids taking even one cent from the Tesla balance sheet to pay fees,” the shareholder legal team said, noting the fee was also tax-deductible to Tesla.

https://amp.theguardian.com/technology/2024/mar/02/lawyers-who-had-elon-musks-pay-dismissed-as-excessive-seek-6bn-in-tesla-shares