Remove 2016 Remove Specific Risk Remove Start-ups
article thumbnail

Gibson Dunn Offers 2022 Year-End Securities Litigation Update

Reynolds Holding

Although the market for SPAC IPOs has cooled relative to 2021, litigation arising out of SPAC transactions remains active, and courts have started to rule on motions to dismiss in SPAC-related shareholder lawsuits, with several recent decisions finding plaintiffs’ allegations to be sufficient to move forward. Stockholder Litigation , 29 A.3d

article thumbnail

Gibson Dunn Offers 2022 Mid-Year Securities Litigation Update

Reynolds Holding

According to Cornerstone Research, although new filings remain consistent with the first half of 2021, the number of approved settlements is up over 30% from the same time last year, and the median settlement amount has rebounded from the low that we reported in our 2021 Mid-Year Securities Litigation Update. Novinger , 40 F.4th Martinez v.