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Tag: Board of Directors

Large bell in Dover, Delaware

Delaware Lawmakers Approve Polarizing Overhaul of Corporate Statute

Large bell in Dover, Delaware

For a state small in population and size, Delaware has surprisingly many claims to fame. Known as “The First State” for ratifying the U.S. Constitution before the others in 1787, former President Joe Biden and his family have called Delawar...

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overflowing dough

Court OKs Tesla Board’s Deal to Repay Nearly $1 Billion

overflowing dough

Ending one skirmish amid the legal battles at Tesla over excessive compensation, a Delaware Chancery Court on January 8 approved a deal that Tesla’s board of directors struck 18 months ago to return roughly $919 million to the company. The...

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axe splitting wood

Split with EY the Latest Bad News for Super Micro

axe splitting wood

Accounting giant Ernst & Young recently took the extraordinary step of firing one of its clients, Super Micro Computer. A public filing last week by the California-based maker of computer servers revealed EY used remarkably strong langu...

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A bunch of berries

Twitter Presents Musk with Poison Pill

A bunch of berries

Following Elon Musk is exhausting. Absolutely exhausting. Driven by an apparently insatiable need for public attention, the latest in an interminable series of headline-grabbing stunts from the CEO (sorry, “Technoking”) of Tesla involves a...

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Twitter bird perched on branch

Twitter Investment Could Get Elon Musk in More Trouble with SEC

Twitter bird perched on branch

It’s always something with Elon Musk, isn’t it? Once heralded as a visionary innovator, the CEO of Tesla Inc. and SpaceX now appears more interested in burnishing a reputation as a social provocateur. As his personal fortune has grown, the...

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