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Securities And Exchange Commission v. Prakash
Case Number:
3:23-cv-03300
See also:
Court:
Nature of Suit:
Judge:
Firms
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August 23, 2024
Cantor, Lutnick OK $12M Deal To End View Inc. Suit In Del.
Cantor Fitzgerald LP and its billionaire Chair and CEO Howard Lutnick on Thursday agreed to a $12 million settlement to resolve stockholder challenges to a special purpose acquisition company transaction that took window company View Inc. public, with a Delaware Court of Chancery hearing set for Dec. 6.
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February 26, 2024
Ex-Glass Co. CFO Can't Beat SEC's Accounting Fraud Suit
A California federal judge said Monday that a former officer of a "smart" glassmaker will have to face the U.S. Securities and Exchange Commission's allegations that he defrauded investors by failing to tell them about certain liabilities the company faced before it merged with a blank-check company.
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October 11, 2023
SEC Says Ex-Glass Co. CFO Must Face SPAC Deal Suit
The U.S. Securities and Exchange Commission has urged a California federal judge not to toss its suit against a former executive at a "smart" glass-maker who allegedly failed to tell investors about certain liabilities the company faced before its merger with a blank-check company, saying the executive's dismissal bid is "premature and legally unsupported."
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September 06, 2023
Ex-Glass Co. CFO Looks To Shatter SEC Suit Over SPAC Deal
A former executive at a "smart" glass-maker has urged a judge to toss the U.S. Securities and Exchange Commission's suit alleging he failed to tell investors about certain liabilities the company faced before it merged with a blank-check company, arguing none of the agency's claims impose strict liability on executives for accounting errors.
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July 03, 2023
SEC Says Glass Co.'s Ex-CFO Lied Ahead Of SPAC Merger
The U.S. Securities and Exchange Commission announced a settlement with View Inc. on Monday for failing to disclose millions in projected warranty liabilities, the same day the agency sued View's former CFO alleging he failed to tell investors about the liabilities before the "smart" glassmaker went public through a SPAC merger.