Tesla blocks stockholders with less than 3% shares from suing officers on its behalf
From Investing.com: 2025-05-16 20:20:00
Tesla has implemented a new policy preventing stockholders with less than 3% of shares from suing company officers on its behalf. This move is seen as a way to prevent frivolous lawsuits and protect the company from unnecessary legal battles. Shareholders will now need a larger stake to take legal action against Tesla executives.
Read more at Investing.com: Tesla blocks stockholders with less than 3% shares from suing officers on its behalf