Shareholders had sued, arguing that Mr. Musk’s compensation — which helped make him the world’s richest person — was excessive.
Category: Decisions and Verdicts
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Real Estate Giant China Evergrande Will Be Liquidated
After multiple delays and even a few faint glimmers of hope, a Hong Kong court has sounded the death knell for what was once China’s biggest real estate firm.
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JetBlue Says It May Back Out of Deal to Acquire Spirit Airlines
JetBlue now says that it could back out of the acquisition just a week after the company said it intended to appeal a judge’s decision to block the deal.
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Is Cryptocurrency Like Stocks and Bonds? Courts Move Closer to an Answer.
Federal judges are weighing whether digital currencies should be subject to the same rules as stocks and bonds. The outcome could shape crypto’s future in the U.S.
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Spirit Airlines Is on Shaky Footing After Judge Blocks JetBlue Deal
Some investors and analysts said the airline might have to seek bankruptcy protection if it couldn’t find another buyer.
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Sophie Turner’s Custody Lawsuit Against Joe Jonas is Dismissed
The English actress sued the American musician weeks after they announced their split, saying he had prevented their two children from returning to Britain.
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What the Supreme Court Fishery Case Could Mean for Federal Agencies’ Power
The case appears poised to be the next step in the conservative legal movement’s multigenerational effort to chip away at the New Deal.
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Supreme Court to Hear Case That Could Overturn Key Chevron Precedent
The justices will consider whether to overrule the seminal 1984 Chevron decision, which requires judges to defer to agencies’ interpretations of ambiguous statutes.
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Judge Blocks JetBlue From Acquiring Spirit Airlines
The ruling is a victory for the Justice Department, which had argued that the merger would reduce competition.
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Leon Wildes, Immigration Lawyer Who Defended John Lennon, Dies at 90
Battling the government for more than three years, he was able to prove that the Nixon White House was trying to deport the former Beatle for political reasons.
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Supreme Court to Hear Starbucks Bid to Overturn Labor Ruling
The coffee chain has challenged a federal judge’s order to reinstate a group of union activists who were fired at a store in Memphis.
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Morgan Stanley to Pay $249 Million in Block Trading Investigation
Federal prosecutors found at least one employee at the Wall Street firm had committed deceptive practices in handling trades of large blocks of stock from 2018 to 2021.