John Ruiz of MSP Recovery in Coral Gables. Courtesy photo Miami Lawyer John Ruiz Made $2 Billion in the Final Days of SPAC Fever. Can He Keep It?
Class action lawyer and Medicare payments entrepreneur John Ruiz is down $19 billion as his public company trades at $1 following a disastrous IPO. But Ruiz, holder of over 2 billion shares, is still doing better than he was before the transaction.
June 09, 2022 at 11:09 AM
8 minute read
Initial Public Offerings
Big Law made untold millions advising on corporate mergers via special purpose acquisition companies last year, generating six- and seven-figure fees in the deals. Market leaders such as Ellenoff Grossman & Schole and Kirkland & Ellis handled more than 100 deals each for roughly $33 billion in respective deal value, according to SPAC Research.
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