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As SPACs’ Popularity Explodes, Liability Risks Rise As Well
Apr 26, 2021One driver of the popularity of SPACs is the perception that they have lower liability risks than a traditional IPO. But a closer look at SPAC transactions suggests that the liability risks are not as low as some believe, and SPAC sponsors and directors and officers of SPAC companies should act to protect themselves against potential claims from both the private plaintiffs’ bar and the government. Click here to read the alert in full.
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