by James Pedersen | Sep 30, 2022 | Blog
The special purpose acquisition company (“SPAC”) continues to have a profound impact on stock markets. We have written previously about the increasing popularity of SPAC’s and the risks inherent to SPAC’s. The SPAC device attempts to sidestep the SEC review process by...
by James Pedersen | Dec 21, 2021 | Blog
The SEC has recently turned its attention towards regulating businesses structured as special purpose acquisition companies, or SPAC’s. An SPAC is a publicly-listed shell corporation that is organized for the purpose of collecting investments and then using those...
by James Pedersen | Oct 1, 2021 | Blog
Earlier this month, the Securities and Exchange Commission issued a warning to Coinbase Global Inc., the United States’ largest cryptocurrency exchange, based on the exchange’s announced plans to launch its new “Lend” product. The Lend product would allow eligible...
by James Pedersen | May 16, 2021 | Blog
Over the past year, several major players in the pharmaceutical industry have faced severe shareholder scrutiny for misleading the public regarding their roles in the production of COVID-19 vaccines. The company to most recently fall in the limelight is Emergent...
by James Pedersen | Sep 8, 2020 | Blog
Early last week, Attorney General Maura Healey filed a lawsuit against Credit Acceptance Corporation (“CAC”), a credit lender that specializes in auto loans. The complaint alleged that CAC had provided borrowers with high-interest subprime auto loans which the company...
