TECH - Elon Musk's Latest Legal Foe Is A Thrash Metal Drummer Who Held Just 9 Shares Of Tesla When He Sued EV Giant's CEO Over 'Unfair' $56B Pay Package | Benzinga
Richard Tornetta, a thrash metal drummer, has emerged as an unexpected legal adversary against billionaire Elon Musk and his pay package as CEO of Tesla Inc (NASDAQ:TSLA).
Tiny Investor, Big Impact:
Tornetta, one of Tesla’s smallest investors, held merely nine shares when he filed the lawsuit in 2018, according to Reuters. His legal action has led to the Delaware Court of Chancery stripping Musk of his hefty $56 billion pay.
Diverse Ventures and Hobbies:
Tornetta is a thrash metal drummer who played at the iconic CBGB club and is part of the now-defunct metal band “Dawn of Correction,” the Reuters report noted.
Shareholder Derivative Lawsuit:
Tornetta’s legal battle takes the form of a shareholder derivative lawsuit, where he sued Musk and the Tesla board on behalf of ...