Musk Pay Judge Faces Tough Call on $7 Billion Legal Fee Bid (2)

The judge who voided Elon Musk’s record-setting Tesla Inc. pay package must now make another momentous decision — whether the lawyers who took the case to trial should be paid what may be the largest fee in the history of US litigation.

Attorneys from four firms who claimed Musk’s 2018 compensation plan for running the electric-vehicle maker was excessive are asking to be awarded 29 million shares of Tesla stock — worth about $7.3 billion. Musk lawyers oppose that contention, claiming only a tiny fraction of that amount is justified.

On Monday, Delaware Chancery Court Judge Kathaleen St. J. ...