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Billionaire SPAC Kings Dragged to Court After Boom Goes Bust

The unwinding of the blank-check stock frenzy, one of the hottest pandemic-era trends on Wall Street, is playing out its last act on a different stage:

Billionaire SPAC Kings Dragged to Court After Boom Goes Bust

The lawsuits claim SPAC executives pushed through deals that allowed them to cash in their founder shares, even if lofty valuations and overly-optimistic business plans posed long-term risks to other shareholders.

MOMENTUS INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Momentus Inc.

/PRNewswire/ Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that.

Zacks Investment Research Upgrades Momentus (NASDAQ:MNTS) to "Hold"

Momentus (NASDAQ:MNTS – Get Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Friday, Zacks.com reports. According to Zacks, “Momentus Inc. is a U.S. commercial space company which plans to offer in-space infrastructure services, including in-space transportation, hosted payloads […]

Research Analysts' Upgrades for June 10th (ARZTF, CMCSA, CME, CUSPY, DBMBF, EQT, FDS, FTUAF, FUTU, GRC)

Research Analysts’ upgrades for Friday, June 10th: Aryzta (OTCMKTS:ARZTF) was upgraded by analysts at Cheuvreux to a hold rating. Comcast (NASDAQ:CMCSA) was upgraded by analysts at StockNews.com from a buy rating to a strong-buy rating. CME Group (NASDAQ:CME) was upgraded by analysts at Atlantic Securities from a neutral rating to an overweight rating. The firm […]

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