ANALYSIS: SPAC Plaintiffs Are Filing Early—But Not Too Early

With SPAC initial public offerings on the rise, and litigation nipping at their heels, it’s a good time to look for trends and commonalities among special purpose acquisition companies that end up in litigation, as well as when that litigation is likely to occur. This, the first in a series discussing those trends, highlights when plaintiffs are most likely to initiate SPAC litigation.

The Litigation Sweet Spot: Four Months

Combined research of Bloomberg Terminal data on completed SPAC mergers and Bloomberg Law Dockets data on SPAC-targeted lawsuits has revealed 36 lawsuits involving SPAC deals that were announced and closed in ...