The law firm of Robbins Geller Rudman & Dowd said it has formed a dedicated SPAC Task Force comprised of securities and M&A lawyers. Based in San Diego, the firm said its task force includes an experienced group of litigators and in-house investigators, forensic accountants, and economists dedicated to rooting out and prosecuting fraud on behalf of injured blank-check company investors. Read more.
Related Posts
Why One CEO Called it Quits on a SPAC and More May Follow
The key issue? Soaring redemption rates.
EV Makers Eye SPAC Stock Fixes in Delaware Hearing
Most of the companies say they may have issued millions of shares without stockholder authorization—in some cases hundreds of millions—after misreading, or getting bad legal advice about, an obscure statutory provision.
More Litigation Over Makada Manila Casino Deal
Officials of a Japanese entertainment company in a merger fight over a Manila casino resort sought to improperly influence a prominent Filipino legislator to regain control of the property, a SPAC suing Universal Entertainment alleged.
Family Offices Targeting 800% Returns with SPAC Economics: Report
Family offices — the discrete, sometimes secretive firms that manage the affairs of the ultra-rich — have been one of the biggest driving forces behind SPACs.