'Erroneous' Case Against Tesla Doesn't Merit Sanctions: Judge

By Erin Coe (March 23, 2015, 10:43 PM EDT) -- A California federal judge Monday rejected a sanctions bid by Tesla Motors Inc. and its CEO Elon Musk alleging Pomerantz LLP and Glancy Binkow & Goldberg LLP lodged a frivolous securities class action against the electric vehicle maker, finding that although the plaintiffs' "erroneous" claims ended up getting tossed, they had been brought in good faith....

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