Tesla shareholders who claimed to face financial losses after CEO Elon Musk tweeted about taking the company private might be on the verge of receiving compensation from a $42.3 million fund established as part of Musk’s federal securities fraud settlement.
The United States Securities and Exchange Commission said 3,350 eligible claimants will share in the payout, recouping almost 52% of their losses, according to a Wednesday night court filing in the Southern District of New York…
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