Corvex Settles With SEC Over SPAC Activities

Shares of the hedge fund’s three SPAC merger partners have plummeted.

Stephen Taub April 17, 2023

Jeenah Moon/Bloomberg

Corvex Management has agreed to pay $1 million to settle a Securities and Exchange Commission complaint related to the activities of three special purpose acquisition companies co-sponsored by the hedge fund. The regulator accused the activist

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