August 11, 2022
Read Senior Economist Marc Martos-Vila’s new article for the ABA’s Business Law Today.
Read Senior Economist Marc Martos-Vila‘s article: Economic Perspectives on the Role of Information Disclosure in SPACs.
This article provides insights from the economics and finance literature to understand recent litigation related to information disclosure in Special Purpose Acquisition Companies (SPACs). Recent findings that these transactions fail to generate risk-adjusted returns for investors after the acquisition highlight the role of information disclosure in corporate finance.