Insights & Research

Language models can predict fraud-related securities class actions

Recently, we demonstrated that large language models can be used to train algorithms that predict fraud-related securities class action lawsuits.

Media Requests & Data Pulls

Shareholders Demand More Control Over Executive Severance Pay

The use of shareholder proposals as a tool of activist investors has seen a significant increase in the past year.

FTX: Anomaly or norm? Field notes on the crypto mining space

There is no set accounting guidance on crypto mining revenue. Because of crypto price volatility, mining revenue is not a reliable financial metric.

Accounting policy changes boost tech earnings

Failed SPAC mergers increased by 320% in 2022

SPAC mergers seem to be collapsing. The state of the stock market and threat of recession appear to be the primary reasons for these failures.

Governance (sometimes) matters

Governance risks at larger companies dramatically increases the likelihood of price collapse and underperformance.

Almost 50% of de-SPAC filings reported material weaknesses

The reasons for de-SPACs’ underperformance have often been fundamental problems with their management and underlying business operations.

Withum and Marcum audited over 78% of all SPACs since 2020

With all these accounting and financial reporting issues, we questioned who is auditing the SPACs? We arrived at some very interesting findings.