5/26/21 - Insights
The special purpose acquisition company (SPAC) boom has hit a major roadblock in the form of faulty disclosures. Given the centrality of the SPAC’s disclosures to a plaintiff’s claims, SPACs need to take special care in crafting their disclosures going forward. This article will examine how SPACs can use guidance issued by the SEC to craft robust disclosures that will weaken a plaintiff’s claims.
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