JPMorgan, Tesla Call Off $162M Stock Warrant Case
The companies informed the Manhattan federal court on Friday that they were dropping the case with prejudice.
December 02, 2024 at 05:32 PM
2 minute read
JPMorgan Chase Bank NA and Tesla Inc. withdrew $162 million worth of claims against each other over the value of stock warrants following Tesla owner Elon Musk’s Tweet that he would take the electric vehicle maker private.
The companies informed the Manhattan federal court on Friday that they were dropping the case with prejudice without further explanation.
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