A week after a closely watched hearing on the fate of Elon Musk’s record $56 billion pay package, Delaware’s top court turned its attention Wednesday to the second-largest CEO compensation deal ever.
Trade Desk Inc. investors led by a pension fund are looking to revive their lawsuit targeting a “mega grant” for founder Jeff Green that’s worth up to $5.2 billion if the company hits all of the deal’s stock price benchmarks. A Delaware Chancery Court judge threw out the case in February.
Wednesday’s proceedings took place in the shadow of Musk’s bid to erase his landmark loss, an …