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Joe Bailey represents companies through all stages of their growth, ranging from startups to large public companies.

Back in April, we discussed the statement from John Coates (then-Acting Director of the SEC’s Division of Corporation Finance; now the SEC’s General Counsel) that the PSLRA safe harbor for forward-looking statements shouldn’t be available for private companies going public through a de-SPAC transaction.

The PSLRA safe harbor is important. It protects public companies against