
WVCALA
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WVCALA
@WVCALA
Grassroots Group Committed to Legal Reform in West Virginia | #wvpol #wvlegis #legalreform #JudicialHellholes

















The attorneys suing Elon and Tesla claim to be acting "on behalf of ... stockholders of TESLA" The stockholders of Tesla have spoken - twice - that they support the compensation package They are not acting on behalf of the stockholders The lawyers are acting solely for their own benefit, to collect billions in fees that will be taken from the stockholders They also imposed hundreds of millions in litigation costs on Tesla, to shareholders' detriment Class action lawsuits are a perversion of the American justice system I can't think of a clearer example than this case Tesla and Elon will be fine. It might take a year or two but Tesla will redo the vote again in Texas if necessary. Elon will get his comp package. The company will grow and prosper. Delaware lawyers, accountants and related businesses, and state government revenue will all suffer massively as corporations flee a state that has demonstrated it does not support founders, corporations, boards, executives or shareholders Being the corporate home of so many companies was a huge part of the Delaware economy The system is about to collapse


