Jysin
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News on CNBC today is a lawsuit from a former SEC commmissioner on PSTH. All spacs could have precedent on this.
www.cnbc.com
![www.cnbc.com](/proxy.php?image=https%3A%2F%2Fimage.cnbcfm.com%2Fapi%2Fv1%2Fimage%2F104823191-20171106-4390-2511.jpg%3Fv%3D1509989558%26w%3D1920%26h%3D1080&hash=5c9b292141247a0bec51d6b5ae5bffc9&return_error=1)
Bill Ackman SPAC sued, plaintiffs say directors were promised 'staggering compensation'
The plaintiffs — former SEC commissioner Robert Jackson and Yale law professor John Morley — claim that Ackman's SPAC is an investment company.