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Investors Allege Ackman's SPAC Dodged Registration Rules

By Tom Zanki ( August 17, 2021, 6:18 PM EDT) -- Investors sued hedge fund giant Bill Ackman's special purpose acquisition company in federal court Tuesday, alleging the massive SPAC avoided registering as an investment company in order to illegally compensate insiders through securities on generous terms unavailable to the public....

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