Roman Catholic Diocese of La Crosse

SEC Charges Audit Firm Marcum LLP for Widespread Quality Control Deficiencies

Retrieved on: 
Wednesday, June 21, 2023

Washington, D.C.--(Newsfile Corp. - June 21, 2023) - The Securities and Exchange Commission today charged audit firm Marcum LLP with systemic quality control failures and violations of audit standards in connection with audit work for hundreds of special purpose acquisition company (SPAC) clients beginning at the latest in 2020.

Key Points: 
  • Washington, D.C.--(Newsfile Corp. - June 21, 2023) - The Securities and Exchange Commission today charged audit firm Marcum LLP with systemic quality control failures and violations of audit standards in connection with audit work for hundreds of special purpose acquisition company (SPAC) clients beginning at the latest in 2020.
  • The SEC’s order also found that Marcum’s deficiencies were not limited to SPAC clients, but they reflected systemic quality control failures throughout the firm.
  • The strain of this growth, however, exposed substantial, widespread, and pre-existing deficiencies in the firm’s underlying quality control policies, procedures, and monitoring.
  • These deficiencies permeated nearly all stages of the audit process and were exacerbated as Marcum took on more SPAC clients.

(SPAC) Special Purpose Acquisition Investigation: BHIL, RSI, LVOX, GENI - Contact Shareholder Rights Law Firm Johnson Fistel

Retrieved on: 
Monday, June 12, 2023

SAN DIEGO, June 12, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of law in connection with the following special purpose acquisition companies ("SPACs"):

Key Points: 

(SPAC) Special Purpose Acquisition Investigation: PRCH, SFT, SKIL, PWP, Contact Shareholder Rights Law Firm Johnson Fistel

Retrieved on: 
Monday, June 12, 2023

SAN DIEGO, June 12, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of law in connection with the following special purpose acquisition companies ("SPACs"):

Key Points: 
  • SAN DIEGO, June 12, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of law in connection with the following special purpose acquisition companies ("SPACs"):
    Porch.com f/k/a PropTech Acquisition Corporation (NASDAQ: PRCH)
    Shift Technologies, Inc. f/k/a Insurance Acquisition Corporation (NASDAQ: SFT)
    Skillsoft Corp. f/k/a Churchill Capital Corporation II (NYSE: SKIL)
    Perella Weinberg Partners f/k/a Fintech Acquisition Corporation IV (NASDAQ: PWP)
    If you are an investor who has suffered losses in connection with any of the SPACs purchased below: Click or paste the following web address into your browser to submit your losses:
    Shift Technologies, Inc. f/k/a Insurance Acquisition Corporation (NASDAQ: SFT): https://www.johnsonfistel.com/investigations/shift-technologies-inc-insu...
    Skillsoft Corp. f/k/a Churchill Capital Corporation II (NYSE: SKIL): https://www.johnsonfistel.com/investigations/skillsoft-corp-f-k-a-church...
    Or for more information, contact Jim Baker at [email protected] or (619) 814-4471.

(SPAC) Special Purpose Acquisition Investigation: BBAI, TNGX, SNTI, GMTX, Contact Shareholder Rights Law Firm Johnson Fistel

Retrieved on: 
Monday, June 12, 2023

SAN DIEGO, June 12, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of law in connection with the following special purpose acquisition companies ("SPACs") and whether investors' losses may be recovered under the federal securities laws.

Key Points: 
  • SAN DIEGO, June 12, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of law in connection with the following special purpose acquisition companies ("SPACs") and whether investors' losses may be recovered under the federal securities laws.
  • There is no cost or obligation to you.
  • If you are an investor who has suffered losses in connection with any of the SPACs bought below: Click or paste the following web address into your browser to submit your losses:
    Tango Therapeutics, Inc. f/k/a BCTG Acquisition Corp (NASDAQ: TNGX): https://www.cognitoforms.com/JohnsonFistel/TangoTherapeuticsIncFkaBCTGAc...
    Senti Biosciences Inc. f/k/a Dynamics Special Purpose Corp (NASDAQ: SNTI): https://www.cognitoforms.com/JohnsonFistel/sentibiosciencesincfkadynamic...
    Gemini Therapeutics f/k/a FS Development Corp. (NASDAQ: GMTX):

D.A. Davidson Announces The FinTech Herd 2023 Featuring the Top 100 Privately-Held Financial Technology Companies Based in the U.S.

Retrieved on: 
Monday, June 12, 2023

Davidson’s Technology Group today released its second annual FinTech Herd report featuring the top 100 privately-held financial technology companies based in the U.S. All fall within D.A.

Key Points: 
  • Davidson’s Technology Group today released its second annual FinTech Herd report featuring the top 100 privately-held financial technology companies based in the U.S. All fall within D.A.
  • These private companies were selected for their disruptive and innovative technology, growing market presence and overall notoriety within their respective sub-sectors.
  • Companies in The FinTech Herd 2023 raised more than $34 billion in aggregate across all previously disclosed financing rounds.
  • The FinTech Herd 2023 constituents transacted significantly fewer times during 2022 relative to the year prior (124 vs. 73 transactions).

BTIG Names Andrew Maller and Paul Wood Co-Heads of SPAC Investment Banking

Retrieved on: 
Monday, June 5, 2023

BTIG has named Andrew Maller and Paul Wood Co-Heads of SPAC Investment Banking.

Key Points: 
  • BTIG has named Andrew Maller and Paul Wood Co-Heads of SPAC Investment Banking.
  • “We are excited to announce the promotion of Andrew and Paul to lead our SPAC Investment Banking business,” said Scott Kovalik, CEO of BTIG.
  • Our SPAC offering is an integral part of our existing banking, capital markets and M&A business, and we are fully confident that under their guidance, we will continue to provide innovative solutions and critical service to our clients.”
    Andrew Maller joined BTIG’s SPAC Investment Banking group in 2019.
  • Paul Wood joined BTIG’s SPAC Investment Banking group in 2020.

FG Financial Group’s Reinsurance Division Achieving Strong Financial Performance; Expects Growing Fee Revenue in 2023

Retrieved on: 
Tuesday, May 30, 2023

Furthermore, the company has focused on growing its fee-based revenue and expects to realize its first fees through its FG RE Solutions unit in 2023.

Key Points: 
  • Furthermore, the company has focused on growing its fee-based revenue and expects to realize its first fees through its FG RE Solutions unit in 2023.
  • As previously reported on May 12, 2023, FG Financial’s reinsurance division achieved net premiums earned of $3.7 million for the first quarter of 2023.
  • This growth, along with disciplined underwriting, drove strong net underwriting profit at the reinsurance division to over $1 million in the first quarter of 2023.
  • The Company has in place and or is currently negotiating opportunities that could yield up to $1 million in fee revenue in 2023.

(SPAC) Special Purpose Acquisition Investigation: BBAI, TNGX, SNTI, GMTX, Contact Shareholder Rights Law Firm Johnson Fistel

Retrieved on: 
Friday, May 26, 2023

SAN DIEGO, May 26, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of law in connection with the following special purpose acquisition companies ("SPACs") and whether investors' losses may be recovered under the federal securities laws.

Key Points: 
  • SAN DIEGO, May 26, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of law in connection with the following special purpose acquisition companies ("SPACs") and whether investors' losses may be recovered under the federal securities laws.
  • There is no cost or obligation to you.
  • If you are an investor who has suffered losses in connection with any of the SPACs bought below: Click or paste the following web address into your browser to submit your losses:
    Tango Therapeutics, Inc. f/k/a BCTG Acquisition Corp (NASDAQ: TNGX): https://www.cognitoforms.com/JohnsonFistel/TangoTherapeuticsIncFkaBCTGAc...
    Senti Biosciences Inc. f/k/a Dynamics Special Purpose Corp (NASDAQ: SNTI): https://www.cognitoforms.com/JohnsonFistel/sentibiosciencesincfkadynamic...
    Gemini Therapeutics f/k/a FS Development Corp. (NASDAQ: GMTX):

(SPAC) Special Purpose Acquisition Investigation: PWP, PRCH, VCSA, SKIL - Contact Shareholder Rights Law Firm Johnson Fistel

Retrieved on: 
Thursday, May 25, 2023

SAN DIEGO, May 25, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of law in connection with the following special purpose acquisition companies ("SPACs") and whether investors' losses may be recovered under the federal securities laws.

Key Points: 

FG Financial Group, Inc. Merchant Banking Platform Company FG Acquisition Corp. Announces Business Combination Agreement with ThinkMarkets

Retrieved on: 
Monday, May 22, 2023

FG Financial Group, Inc. (Nasdaq: FGF) (the “Company”), today announced that its merchant banking platform partner FG Acquisition Corp. (TSX: FGAA.U) (TSX: FGAA.WT.U) has entered into a business combination agreement with ThinkMarkets, one of the fastest growing online and leveraged trading multi-asset brokerages globally.

Key Points: 
  • FG Financial Group, Inc. (Nasdaq: FGF) (the “Company”), today announced that its merchant banking platform partner FG Acquisition Corp. (TSX: FGAA.U) (TSX: FGAA.WT.U) has entered into a business combination agreement with ThinkMarkets, one of the fastest growing online and leveraged trading multi-asset brokerages globally.
  • The business combination would result in ThinkMarkets launching as a public company listed on the Toronto Stock Exchange.
  • Details of the transaction are included in the FG Acquisition Corp. press release available here .
  • Larry Swets, Jr., FG Financial Group’s CEO and Chairman of FG Acquisition Corp., commented, “This business combination closely aligns with the long-term strategy of FG Financial’s growing merchant banking platform.