Tesla directors to pay up to $919 million to settle claims they overpaid themselves
1. Tesla directors will return up to $919 million due to overpayment allegations. 2. Settlement resolves a 2020 lawsuit regarding excessive director compensation. 3. Directors will repay stock worth $735 million and forgo $184 million in pay. 4. Judge awarded $176 million in fees to law firms for the lawsuit. 5. The outcome reiterates scrutiny on executive compensation at Tesla.