SPAC Flop Is Test Case for Disgruntled Investor Lawsuits

Investors sue Lighthouse Insurance Company

Waitr Inc. never had the resources of rivals Grubhub Inc. and UberEats. Yet in November 2018 the online food ordering and delivery business went public through a merger with blank-check firm Landcadia Holdings Inc. Landcadia had some powerful names behind it. Tilman Fertitta, a billionaire restaurateur, and Richard Handler, the chief executive officer of Jefferies… Continue reading SPAC Flop Is Test Case for Disgruntled Investor Lawsuits