Executive Moves
Gormley Team Leaves Lazard for Guggenheim
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PIPE and growth financing specialist Richard Gormley has joined Guggenheim Securities as senior managing director and head of equity and equity-linked finance.
News
Medbox Going Up in Smoke
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Once-hot marijuana stock sees massive sell-off as executives are forced to sell shares in a margin call and the board moves to wrest control from the founder.
News
Asset Freeze in Pump & Dump Case Forces Run on Cayman Bank
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The Securities and Exchange Commission has accused a $600 million Cayman Islands bank of being involved in helping four emerging growth companies in a pump and dump stock scam.
Markets
SPACs Gain Momentum
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SPACs have been on a slow and steady rebound since the end of the recession, and in 2014, they enjoyed the best fundraising year since 2008. So far in 2015, two of the six SPACs that entered the year in registration have completed IPOs.
