This headline is another reminder that trial lawyers are parasites on the American economy:

This was the lawsuit against Tesla CEO Elon Musk’s $55.8 billion pay package. We don’t have an opinion on whether that pay package was appropriate or defensible.

But the $7 billion fees request comes out to $370,000 AN HOUR for the lawyers. Musk won’t pay most of those legal fees. Tesla shareholders will. The trial lawyer sharks are seeking more than 29 million shares – plus a million bucks “to cover their expenses.”

If indeed the shareholders were defrauded, how is this transfer of stock to the lawyers benefiting the people who were allegedly injured?