The SEC is pursuing action against SPAC and Insiders for misleading investors – corporate / commercial law

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United States: The SEC is pursuing action against SPAC and insiders for misleading investors

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In this American Bar Association (ABA) Business Section article, Mayer Brown’s partner Anna Pinedo and associate John Ablan discuss the SEC’s charges against a special purpose vehicle (SPAC) related to false claims made to investors. The article also discusses the SEC’s proposed focus on the expectations and standards that SPACs should be adhered to during the public offering process.

Read the full ABA Business Section article to learn more.

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This article by Mayer Brown provides information and commentary on legal issues and developments of interest. The foregoing does not constitute a comprehensive treatment of the subject under discussion and is not intended as legal advice. Readers should seek specific legal advice before taking any action in relation to the matters discussed here.

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