June 12, 2024
Oppenheimer & Co. and an Israeli cybersecurity company have reached a settlement to end claims that the company refused to pay $12 million in fees for SPAC merger-related services the investment bank provided, according to a New York federal court filing made Wednesday.
June 12, 2023
Investment bank Oppenheimer sued Hub Security in New York federal court on Monday, claiming the Israeli cybersecurity company has refused to pay $12 million in fees for services the bank provided related to Hub's recent merger with a special-purpose acquisition company.