Over 55 Law Firms Have Now Joined the Recent Statement on SPAC Litigation

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The Latest SPAC News and Rumors: August 27, 2021


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Lucid investors could be forced to endure windfall, and Aurora says its next generation hardware kit will debut later this year


Lucid’s SPAC Investors Could Be Forced to Endure a Windfall

With Lucid (NASDAQ:LCID) hovering around $21.70, investors could almost double their money. ...READ MORE

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49 Law Firms Unite and Push Back on Recent SPAC Litigation

Aug 27, 2021 INTEL by Kristi Marvin

The legal community signs statement declaring these suits are “without factual or legal basis”.

In response to the recent PR machine from former SEC commissioner and current NYU Law professor Robert Jackson and Yale Law School professor John Morley, which have put out multiple statements in the press noting they intend to litigate SPACs for Investment Company Act of 1940 issues, an astonishing 49 law firms have coalesced to release a response to these allegations. ...READ MORE

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Law Firm White & Case Fires Shots Across the Bow

Aug 25, 2021 INTEL by Kristi Marvin

Posts a takedown of the recent lawsuits brought by former SEC Commissioner and Law Professor

In the ongoing saga surrounding the recent lawsuits brought by former SEC commissioner and current NYU Law professor Robert Jackson and Yale Law School professor John Morley, against Pershing Square Tontine Holdings, and more recently, GO Acquisition Corp. ...READ MORE

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The Latest SPAC News and Rumors: August 25, 2021


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Apollo is raising $500 million for SPACs, Cathie Wood amasses 11% stake in $17.5 billion Harry Sloan SPAC, and four SPACs backed by ShiftPixy slash IPO sizes


Apollo Seeks $500 Million Fund to Invest in SPACs

...READ MORE
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