Musk & Tesla Win Rare Securities Class Action Trial

A shareholder class action making its way to trial is an incredibly rare feat. Of the thousands of cases filed against public companies since the passage of the Private Securities Litigation Reform Act in 1995, it is believed that only 16 have resulted in trial verdicts, including Mr. Musk’s recent win. A majority of cases are dismissed, while the remaining actions settle prior to trial.

Source: Musk & Tesla Win Rare Securities Class Action Trial