Space Co. Execs Hit With Derivative Suit Over $1B SPAC Deal
By Dorothy Atkins ( April 26, 2023, 5:26 PM EDT) -- An investor hit Momentus executives with a derivative action in California federal court Tuesday — the latest in a wave of litigation facing the beleaguered space industry startup — claiming they hid technology and national security problems and due-diligence gaps to push through a $1.2 billion merger with a cannabis blank-check company....
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