Johnson Fistel, LLP Investigating Potential Breaches of Fiduciary Duty in Numerous Special Purpose Acquisition Companies (SPACs) – EIN News
Special Purpose Acquisition Companies (SPACs) have become increasingly popular in recent years as a way for companies to raise capital and go public without the traditional IPO process. However, with the increased popularity of SPACs, there has been an increase in the number of potential breaches of fiduciary duty. Johnson Fistel, LLP is investigating numerous SPACs to determine if there have been any violations of fiduciary duty.Fiduciary duty is a legal obligation that requires a person or entity to act in the best interests of another party. In the case