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Lawyers who got Elon Musk’s pay package voided seek $5.6 billion in Tesla stock – MarketWatch

Lawyers who got Elon Musk’s pay package voided seek $5.6 billion in Tesla stock – MarketWatch

DOVER, Del. — The lawyers who successfully argued that a massive pay package for Tesla CEO Elon Musk was illegal and should be voided have asked the presiding judge to award them company stock worth $5.6 billion as legal fees.The attorneys, who represented Tesla TSLA, +0.38% shareholders in the case decided in January, made the request of the Delaware judge in court papers filed Friday. The amount would apparently be far and away the largest such award, if approved. Lawyers in class-action suits stemming from the collapse of Enron got a record $688 million in legal fees in 2008. “We are ‘prepared… 

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