Former De Tomaso CEO Awarded $540,000 by New York Jury

A New York jury has determined that the former CEO of Italian supercar manufacturer De Tomaso is not entitled to a 10% stake in the company. Bloomberg posted on X that the jury did, however, award him $540,000 for his contributions during his tenure. The decision marks the conclusion of a legal dispute over the former executive's claims to ownership and compensation. The jury's verdict reflects the recognition of his work while dismissing his claim to a share in the company. This outcome highlights the complexities involved in executive compensation and ownership claims within the automotive industry.