Stock Exclusion Bars De-SPAC Dispute Coverage, Court Told

By Alexa Scherzinger · August 2, 2023, 4:27 PM EDT

A company's dispute with its former CEO over his inability to sell his shares for 180 days after the company's de-SPAC transition is not covered because of a majority shareholder exclusion,...

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Case Information

Case Title

IronShore Specialty Insurance Company v. Matterport, Inc. et al

Case Number

5:23-cv-01457

Court

California Northern

Nature of Suit

Insurance

Date Filed

March 28, 2023