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SEC more heavily scrutinizing of SPAC-related mergers

SEC more heavily scrutinizing of SPAC-related mergers

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...

Ambitious Statements and the Securities Lawsuits they Attract

Ambitious Statements and the Securities Lawsuits they Attract

Snap Inc. (“Snap”) is, once again, embattled by charges of violation of federal securities laws. The self-described “camera company,” whose main product is the well-known social media application “Snapchat,”is facing a...

SEC Revives Claw Back Rule for Executive Compensation

SEC Revives Claw Back Rule for Executive Compensation

Securities and Exchange Commission voted on October 14, 2021 to bring back an unfinished rule from 2015[1] relating to executive compensation. The rule requires U.S. listed companies to have a plan in place to claw back...

Lowey Dannenberg Celebrates International Credit Union Day

Lowey Dannenberg Celebrates International Credit Union Day

On October 21, 2021, credit unions around the world will celebrate International Credit Union (ICU) Day® recognizing the global credit union movement. ICU Day has been annually celebrated on the third Thursday of October...

Cryptocurrency Exchanges Face Growing Scrutiny from the SEC

Cryptocurrency Exchanges Face Growing Scrutiny from the SEC

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”...