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SEC Focuses on the Rise of SPACs

SEC Focuses on the Rise of SPACs

Special purpose acquisition companies, or SPACs, have become the new, go-to structure for taking private companies public. These companies begin as shell corporations listed on public stock exchanges. Often, they report a...

The Curious Case of Corporate Waste

The Curious Case of Corporate Waste

Private jets, million-dollar compensations and bonuses during COVID-19? When does corporate waste get of hand and becomes actionable? Corporate waste is when exchange is “so one sided that no business person of ordinary,...

Diversity, Discrimination, and Derivative Suits

Diversity, Discrimination, and Derivative Suits

Shareholder derivative suits are brought by an investor on behalf of the corporation itself. In a derivative case, the plaintiff alleges that the actions of the defendants, typically the company’s officers and directors,...

FTC Continues Enforcement of Consumer Data Rights in 2021

FTC Continues Enforcement of Consumer Data Rights in 2021

The FTC showed their continued efforts to defend consumer data privacy in the new year with in reaching a settlement with Flo Health, Inc (“Flo” or “the Company”). The FTC filed a complaint against Flo for sharing the...

BIPA: An Example that More States Should Follow

BIPA: An Example that More States Should Follow

Biometrics are unique physical characteristics that can be used for automated identification of a person. Even though individuals may not know the exact term “biometrics,” millions of individuals use some form of it in...