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Tesla Gets Del. Justices To Cut $100M From Investor Atty Fees

A closeup of the Tesla logo on a black car (AP Photo/David Zalubowski, File)

By Lauren Berg

The Delaware Supreme Court on Friday handed Tesla a win, reducing by roughly $100 million the attorney fees awarded to shareholder counsel as part of an excessive director compensation suit settlement, rejecting the lower court's fee calculation.


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    A California federal judge on Friday refused to decertify a class of Google users who scored a $425 million jury verdict in their privacy suit; however, he also shot down the consumers' request that Google shell out an additional $2.36 billion in disgorgement of profits.

  • 11th Circ. Urged To Undo $38M Chiquita Verdict, $229K Fee

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    The Eleventh Circuit heard arguments Friday in two cases stemming from claims that Chiquita funded a right-wing paramilitary group, with Chiquita urging the court to vacate a $38 million verdict finding it caused eight deaths, while an attorney for the plaintiffs asked to reverse a firm's $229,000 fee award.

  • Senate Passes Gov't Funding Package; House Must Vote Next

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  • 9th Circ. Says DOJ Can Withhold VW Grand Jury Records

    By Emily Field

    The Ninth Circuit on Friday held that the U.S. Department of Justice couldn't be forced to hand over about 6 million Volkswagen documents that were part of a Jones Day investigation into the automaker's 2015 emissions-cheating scandal, as the government obtained them through a grand jury subpoena.

  • Planned Parenthood Drops Medicaid Fight After 1st Circ. Loss

    By Carolyn Muyskens

    Planned Parenthood abandoned a legal challenge to a ban on Medicaid reimbursements for its clinics Friday, following a loss at the First Circuit, which upheld the ban in December.

  • Rio Tinto, Chalco Acquire Stake In Brazil's CBA For $903M

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    Rio Tinto and Aluminum Corp. of China Ltd., or Chalco, have agreed to acquire Votorantim's controlling stake in Companhia Brasileira de Aluminio through a jointly owned vehicle, in a deal valuing the Brazilian aluminum producer at about $902.6 million.

  • FTC Requires Facility Sales For $835M Healthcare Deal

    By Matthew Perlman

    The Federal Trade Commission reached an agreement Friday allowing Sevita Health to move ahead with an $835 million deal for BrightSpring Health Services Inc.'s community living business, conditioned on the sale of more than 100 facilities.

  • Attys Rip Judge-Shopping Sanctions As Bid To 'Rewrite' Rules

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    Two Alabama attorneys who were sanctioned for allegedly judge shopping in a civil rights case urged the Eleventh Circuit to toss the sanctions Friday, arguing the judges accusing them were seeking to "rewrite" the Federal Rules of Civil Procedure.

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    A Manhattan federal judge on Friday took the death penalty off the table for Luigi Mangione, dismissing a capital count and setting up an October trial that could see him go to prison for life without the possibility of release.

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    Biotechnology giant AstraZeneca has struck a licensing deal worth up to $18.5 billion with CSPC Pharmaceutical of China to develop weight-loss drugs, the companies said Friday, as Western investment in China ramps up.

  • Attacks Haven't Killed Judiciary's AI Rule, May Strengthen It

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    Federal judiciary advisers Thursday confronted the most extensive opposition yet in their campaign to ensure the reliability of evidence utilizing artificial intelligence, but the criticism appeared constructive, possibly upping the odds of a digital age addition to U.S. court rules.

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