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Title	The 10b-5 Daily \| News and events related to securities class action litigation. Containing all
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10b5daily.com Valuation

US$1,100,040

Last updated: 2023-05-17 21:41:44

10b5daily.com has Semrush global rank of 9,621,749. 10b5daily.com has an estimated worth of US$ 1,100,040, based on its estimated Ads revenue. 10b5daily.com receives approximately 126,928 unique visitors each day. Its web server is located in United States, with IP address 192.0.78.24. According to SiteAdvisor, 10b5daily.com is safe to visit.

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Menu Skip to primary content Recent Supreme Court Cases The Facts The Law About the Blog Search A Leg To Stand On Securities class actions involving Special Purpose Acquisition Companies (SPACs) can raise interesting issues. A SPAC is a publicly traded shell company created to merge with an existing privately held business so as to allow the target company to go public without the time, expense, and regulatory scrutiny of an initial public offering. If the privately held business makes material misstatements that affect the SPAC’s stock price prior to the merger, can that company and its officers be liable for securities fraud? The U.S. District Court for the Northern District of California recently considered that question in In re CCIV/Lucid Motors Sec. Litig. , 2023 WL 325252 (N.D. Cal. Jan. 11, 2023). CCIV is a SPAC that acquired Lucid Motors, an electric car manufacturer, in February 2021. CCIV’s shareholders brought a securities class action alleging that in the weeks prior to

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10b5daily.com valuation and analysis