Bank denies allegations it gave bad advice to Tesla investor who lost $415M - News Summed Up

Bank denies allegations it gave bad advice to Tesla investor who lost $415M


Supreme Court, RBC says it did caution DeVocht to adopt a more broad and conservative approach to his portfolio. WATCH | Tesla shareholders approve Elon Musk's trillion dollar pay package:Début du widget . Tesla shareholders approve Elon Musk's trillion dollar pay packageTesla shareholders approved a new pay package for CEO Elon Musk, setting him up to be the world's first trillionaire if he meets several lofty targets for the company. That’s when he was introduced to an RBC financial manager and signed an agreement with RBC for financial planning advice. Grant Thornton LLP is also named as a defendant in the lawsuit, and like RBC, has denied all allegations made by DeVocht.


Source: CBC News December 24, 2025 21:45 UTC



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