Analyzing the SPAC Boom: Insider Profits and Investor Losses

Companies, Financial economics, Industry Analysis, Investment Research, , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Abstract: This research article delves into the phenomenon of Special Purpose Acquisition Companies (SPACs) and their impact on investors and company insiders. By analyzing insider trading disclosures and Securities and Exchange Commission filings, we examine the extent of insider profits and subsequent investor losses within the SPAC market. Our findings reveal that executives and early…

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Refunds Over Life Insurers’ Increased Costs

Insurance Industry, , , , , , , , , , , , , , ,

In the aftermath of the financial crisis, life insurers faced a significant challenge due to the fall in interest rates. As a result, they raised costs for policyholders, which included long-time customers. However, these companies are now giving partial refunds to tens of thousands of their customers to settle a wave of lawsuits that were…

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