Ackman says blank check company not required to be registered
... against an investor's suit alleging that his Pershing Square Tontine Holdings has improperly invested in securities. Ackman has never held investment securities that would require it to be registered under the Act and does not intend to do so in future, PSTH said in a statement referring to the Investment Company Act of 1940 and the Investment Advisers Act of 1940, longstanding market regulatory laws. We believe this case is total without merit, Ackman added. The lawsuit contends that Ackman 's special ...
Updated: 08/17/2021
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