Armed with favorable precedent generated the MultiPlan and GigAcquisition3 lawsuits and supported by a boatload of negative publicity about SPAC insiders leaving the public holding the bag, plaintiffs in deSPAC lawsuits have had the benefit of a prevailing wind in recent years.  However, the Chancery Court’s recent decision in In re Hennessy Capital Acquisition Corp. IV Stockholder Litigation, (Del. Ch.; 5/24), dismissing […]