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Klein v. Musk et al
Case Number:
1:19-cv-00298
Court:
Nature of Suit:
Multi Party Litigation:
Derivative Litigation
Judge:
Firms
Companies
Sectors & Industries:
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February 26, 2019
Tesla Derivative Suits Joined, Paused For Securities Action
A Delaware federal judge on Monday consolidated and pressed pause on two shareholder suits against Tesla's directors, including CEO Elon Musk, over their alleged failure to prevent Musk from baselessly claiming he'd secured funding to take the company private, allowing a parallel securities action to play out first.
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February 12, 2019
Tesla Directors Hit With Derivative Suit Over Musk Tweet
A Tesla shareholder slapped the electric carmaker's directors, including CEO Elon Musk, with a derivative suit in Delaware federal court Monday alleging they didn't do enough to prevent Musk from tweeting a baseless claim that he had secured funding to take the company private.