Section 10(b) claims, TSLA director say-on-pay

We can look at a couple of recent cases to illustrate developments in both what the courts think, and what Congress and the SEC think, about the various parties to lawsuits.

• What is Section 10(b)?

• What do you have to show if you’re a plaintiff in a section 10b case?

• Is it different for public companies vs private companies? [among other things, at this point ill explain that statements that don’t seem to be aimed at investors can be the subject of a fraud claim]

• What kinds of problems does this create?

• How is this impacting SPACs?

• What happens next?

one more discussion of Tesla, this time related to its other big compensation case, involving its board of directors. We promise we won’t talk about Tesla again, until we need to…

• This isn’t the big Elon Musk pay case, what is this one about?

• What did the proposed settlement involve?

• What are the problems with the proposed settlement?

• What did Mike do to highlight those problems?

• What is the status of the proposed settlement?

• What can we expect to happen next?