A Broward County restaurant chain is alleged to have misled investors and concealed key information as a result of a merger with another popular South Florida eatery, leading to a stock price dive that has investors reeling.
A growing merger trend, SPACs or Special Purpose Acquisition Companies, is at the center of new litigation that could include hundreds of thousands of potential class members, the suit says.
Attorney Scott Lance Silver is at the helm of this suit, which seeks class certification on behalf of investor John Walker and others. Silver’s Coral Springs-based Silver Law Group and New York City-based Pomerantz LLP represent the plaintiff.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
