Topic: shareholder lawsuits
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Tesla's Success Validates Elon Musk's Bold Vision
Tesla shareholders demonstrated strong support for Elon Musk's leadership by rejecting a proposal to increase corporate accountability and consistently aligning with board recommendations, including measures that dilute their own holdings. Despite Musk's vision of "sustainable abundance," Tesla f...
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Ousted Luminar CEO Austin Russell Bids to Buy Back Company
Austin Russell, founder of Luminar Technologies, has launched a bid through his new entity Russell AI Labs to acquire all outstanding shares of the company, just months after stepping down as CEO. If the acquisition proceeds, Luminar would remain publicly traded and could merge with a larger auto...
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