This content is from: Portfolio Bill Ackman’s Long-Running SPAC Drama Is Finally Over. Or Is It? Market mania, a tougher SEC, and litigation have all had a hand in the liquidation of Pershing Square Tontine Holdings — but Ackman hasn’t given up entirely. By Michelle Celarier July 13, 2022
This content is from: Corner Office How a Machine-Learning Program Finds Litigation Financing Deals Legalist founder Eva Shang goes deep on the firm’s “truffle sniffing” technology. By Alicia McElhaney May 10, 2022
This content is from: Culture Judge Denies Visa’s Request To Be Excluded From MindGeek Lawsuit “Visa is not alleged to have simply created an incentive to commit a crime, it is alleged to have knowingly provided the tool used to complete a crime,” wrote Judge Cormac Carney. By Michelle Celarier August 02, 2022
This content is from: Culture The DOJ’s Short-Seller Probe Was the Star of a Debate Between Carson Block and a Former SEC Commissioner Meanwhile, the top prosecutor in the investigation has resigned from the Department of Justice. By Michelle Celarier July 12, 2022
This content is from: Corner Office The Ferocious, Well-Heeled Battle Against the SEC’s New Rules on Hedge Fund Activism A new institute with hedge fund backing joins Elliott, Pershing Square, Third Point, and others in opposing tougher disclosure rules for stock and swaps positions. By Michelle Celarier June 21, 2022
This content is from: Culture The SEC’s Proposed Rule Could Put Investment Managers on the Hook for Losses. They’re Not Happy About It. “It is a meteor that could screw up the industry for everybody.” By Alicia McElhaney May 02, 2022