WILMINGTON, Delaware (Reuters) -The lawyers who voided Elon Musk's $56 billion compensation as excessive on Friday sought a record a $6 billion legal fee, payable in the electric car maker's stock. "We recognize that the requested fee is unprecedented in terms of absolute size," the three law firms said in a filing with the Court of Chancery in Delaware. The fee works out to an hourly rate of $288,888, they said.
A Florida couple is suing Universal Orlando Resort after one of them reportedly suffered a "traumatic brain injury" after a roller coaster at the Universal Studios Florida theme park, according to a lawsuit filed in Orange County earlier this week.
Lawyers asked a judge to award them Tesla stock worth nearly $6 billion as their fee for successfully arguing that Elon Musk’s 2018 pay package was unlawful.
Burger King is offering free Whoppers in response to Wendy’s "dynamic pricing" announcement, which drew widespread backlash before the chain clarified its plans.
Outback Steakhouse parent company Bloomin’ Brands, which also owns Carrabba’s Italian Grill, Bonefish Grill and more chains, has closed 41 restaurant locations.
Ford says that more than half of its technicians are short on training needed to do certain repair work.
Contracted tech workers say they're paid as low as $19 hourly in expensive metro. Google and contractor Cognizant say their contract was due to end.
How much do you need to retire comfortably? It's a question in the mind of every American in every state that is saving for retirement. Unfortunately, there's not a one-size-fits-all answer. There are...
It may be exhausting to go through different options when testing out side hustles. While you want to make some extra money, you don't want to get stuck with a gig that isn't worth the effort. You...
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 shareholders in the case decided in January, made the request of the Delaware judge in court papers filed Friday. “We are ‘prepared to eat our cooking,’” the Tesla plaintiff attorneys wrote in the court filing, arguing the sum is justified because they worked purely on a contingency basis for more than 5 years.
A village in Michigan will be paying a $320,000 settlement to a man from Japan who was wrongly accused of drunk driving due to a mistake made by a police officer. Rookie’s mistake: Caitlyn Peca, who was a rookie Fowlerville officer, misread a breath test of Ryohei Akima, a 37-year-old native of Yonago, Japan. Akima, who was reportedly in the U.S. on a work visa in 2020, blew a 0.02 on the test, but Peca mistakenly read it as 0.22, which is nearly three times over the legal limit in Michigan.
Elon Musk is suing OpenAI and its CEO Sam Altman over what he says is a betrayal of the ChatGPT maker's founding aims of benefiting humanity rather than pursuing profits. In a lawsuit filed at San Francisco Superior Court, billionaire Musk said that when he bankrolled OpenAI's creation, he secured an agreement with Altman and Greg Brockman, the president, to keep the AI company as a nonprofit that would develop technology for the benefit of the public.
NEW DELHI (Reuters) -Google began removing the apps of 10 companies in India on Friday, including some popular matrimony apps such as Bharat Matrimony and job search app Naukri, in a dispute over service fee payments in one of the company's fastest-growing markets. Indian startups have for years been protesting against many of the U.S. giant's practices, including its in-app fee charges. Google says its fees help develop and promote the Android and Play Store app ecosystem.
Utah lawmakers passed a measure Thursday that allows the state to purchase a coal-fired power plant operating in Delta that now serves California customers and some local cities. The measure is not intended to interfere with the Intermountain Power Agency’s transition to natural gas and potentially hydrogen in the next few years, but puts Utah in the game to acquire the assets — plus water rights — should it chose. SB161 faced stiff opposition by Democrats and clean energy advocates who believe the measure continue’s the state’s penchant for coal, when across the country power plants are being shuttered under increasing pressure by both regulators and non-governmental organizations.
When saving for retirement, you'll typically have two choices for how you'll fund your IRA. With a traditional IRA, you'll contribute pre-tax dollars that will grow inside the account tax-free and be taxed when the money is withdrawn. A Roth IRA, … Continue reading → The post These Charts Show How Traditional IRAs and Roth IRAs Stack Up Against Each Other appeared first on SmartAsset Blog.
Placer County District Attorney Morgan Gire said prosecutors are ready to move forward as quickly as possible in a way that reduces harm to the victim’s family.
Rachel "Raquel" Leviss sued Tom Sandoval and Ariana Madix for revenge porn — and some Vanderpump Rules fans may be surprised to learn she could have a stronger case against Madix than Sandoval. "The case against Tom is actually weaker than the case against Ariana," attorney Neama Rahmani, who is not involved in the case, exclusively told Us Weekly on Thursday, February 29. "This is why under California's revenge porn statute, there is a requirement that the porn be distributed. We know that Tom was allegedly participating in this FaceTime and he may have recorded it, but it's unclear whether he sent it to anyone." "The allegations are that Ariana got access to Tom's phone and sent it to herself and to Rachel. So that would be the distribution there. Of course, we don't know who has the video and who it was sent to," the legal expert continued. "The complaint says that it may have gone to members of the production company or even the studio, in which case the distribution requirement would be met. But based on the complaint itself, I don't know how strong of a liability case it is against Tom." Us confirmed on Thursday that Leviss, 29, sued Sandoval, 41, and Madix, 38, for revenge porn, eavesdropping, invasion of privacy and intentional infliction of emotional distress. She accused Sandoval of recording a private video call between them without her consent and claimed Madix acquired the NSFW footage, which she allegedly sent to herself and potentially to other people. ‘Vanderpump Rules’ Cast’s Biggest Scandals and Controversies Over the Years "Leviss was a victim of the predatory and dishonest behavior of an older man, who recorded sexually explicit videos of her without her knowledge or consent, which were then distributed, disseminated, and discussed publicly by a scorned woman seeking vengeance, catalyzing the scandal," the documents stated. "Leviss ultimately checked herself into a mental health facility and remained there for three months while Bravo, Evolution, and the cast milked the interest her excoriation had peaked." Raquel Leviss, Tom Sandoval, and Ariana Madix. Getty Images (3) News broke in March 2023 that Sandoval and Madix ended their nearly decade-long romance due to his affair with Leviss. The recording of the intimate FaceTime call between him and Leviss was later mentioned by Madix and other Vanderpump Rules cast members on various podcasts. In her lawsuit, Leviss' legal team argued that the aftermath affected her mental health. They also accused Bravo and production company Evolution of misleading Leviss into thinking she couldn't speak out about the situation. Every Cheating Accusation That Rocked ‘Vanderpump Rules’ Over the Years "As a result, she suffered in silence as Bravo and Evolution watched viewership explode, and the rest of the cast enjoyed unseen levels of public recognition and professional opportunity," the paperwork noted. "Meanwhile, Leviss, who was humiliated and villainized for public consumption, remains a shell of her former self, with her career prospects stunted and her reputation in tatters." Rahmani told Us that the case will focus on "how many people" received the explicit video. "If it was disseminated far and wide and there's a video out there and dozens or more people have seen it, that's a big problem," he added on Thursday. "Once it's out there on the internet, you can't really unring the bell or put the toothpaste back in the tube or whatever analogy you want to use. But if it was really limited in terms of the distribution and it just went to Ariana, Tom and Rachel, I think it's a much weaker case." ‘Vanderpump Rules’ Cast: Then and Now The attorney also discussed what defense Madix could potentially take, saying, “I think the lawyers who are going to defend Ariana in this case are really going to attack the damages here. There's no question that Rachel suffered some emotional distress. She had to check into a rehab facility. But I think what the lawyers will argue is that this was all Rachel's own doing because of this affair or previous substance abuse problems. And any harm she suffered, it wasn't because of anything Tom or Ariana did. It was because of Rachel's own doing. So I can see the case being defended on that ground.” With reporting by Christina Garibaldi
The lawsuit alleges the encampment is causing a public nuisance.
After sinking Elon Musk's $55 billion pay package, lawyers are now asking a Delaware court for about 11% of those Tesla shares for their fee.
Low U.S. natural gas prices will hurt Tellurian Inc's ability to sell Louisiana gas producing properties in order to pay off enough debt to salvage its liquefied natural gas export (LNG) project, analysts said. Tellurian has spent nearly seven years advancing its still incomplete Driftwood LNG export plant. Low natural gas prices drove the unit to a $55.5 million operating loss last year from a $130.6 million operating profit in 2022, results released last week showed.