AAJ, AFR, and CFA Collectively Publish Opinion on Tesla's (TSLA) Shareholder Proposals

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Go back to AAJ, AFR, and CFA Collectively Publish Opinion on Tesla's (TSLA) Shareholder Proposals

Coalition of the American Association for Justice, Americans for Financial Reform Education Fund, and Consumer Federation of America Publishes Opinion Statement Regarding Dangers of Shareholder Propos

June 11, 2024 1:10 PM EDT

Ratifying Elon Musks 2018 Compensation Package Previously Rejected by Delaware Court and Reincorporation of Company to Texas May Weaken Shareholder Rights at All Companies

Adopting Proposals Could Encourage Other Companies to Disregard Court Rulings Meant to Protect Shareholders

WASHINGTON--(BUSINESS WIRE)-- The American Association for Justice (AAJ), Americans for Financial Reform Education Fund (AFR), and the Consumer Federation of America (CFA) (collectively the Coalition) today released an opinion statement regarding the considerable threats to shareholder protections and corporate governance posed by Proposals 3 and 4 (the Proposals) on the ballot at Tesla, Inc.s... More