Erica H Dressler

Erica H Dressler

August 28, 2023 | The Legal Intelligencer

Continued Challenges Arising From SPAC-Related Litigation

Recent decisions by the Delaware Court of Chancery demonstrate that when a SPAC transaction and the disclosures surrounding it are challenged, defendants may face an uphill battle to prevail on a motion to dismiss, especially where breach of fiduciary duty claims have been asserted.

By Jay A. Dubow, Joanna J. Cline and Erica H. Dressler

7 minute read

August 30, 2019 | The Legal Intelligencer

3rd Cir. Reaffirms Well-Established Materiality, Scienter Principles for Rule 10b-5 Claims

The U.S. Court of Appeals for the Third Circuit recently reiterated the long-standing principles that a defendant's alleged misrepresentations may be rendered immaterial by a defendant's sufficient disclosure of information; and even if alleged misrepresentations are materially misleading, a Rule 10b-5 claim may still fail if the allegations do not demonstrate a strong inference of scienter.

By Robert L. Hickok, Jay A. Dubow and Erica H. Dressler

6 minute read