... against an investor's suit alleging that his
Pershing Square Tontine Holdings
has improperly invested in securities.
has never held investment securities that would require it to be registered under the Act and does not intend to do so in future,
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,
The lawsuit contends that
's special ...