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© 2026 Benzinga | All Rights Reserved
March 12, 2021 9:00 PM 3 min read

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Atlas Crest Investment Corp. - ACIC

by PRNewswire
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ACIC Logo
ACICAmerican Coastal Insurance Corp
$11.09-1.95%
Overview

The investigation focuses on whether Atlas Crest Investment Corp. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, 2) whether and by how much this proposed transaction undervalues the Company, and 3) whether all material information has been disclosed.

About Monteverde & Associates PC

SOURCE Monteverde & Associates PC

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Posted In:
Press Releases

NEW YORK, March 12, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Atlas Crest Investment Corp. ("ACIC" or the "Company") (ACIC) relating to its proposed merger with Archer Aviation, Inc. Under the terms of the merger agreement, ACIC will acquire Archer through a reverse merger, with Archer emerging as publicly traded company.

Click here for more information: https://www.monteverdelaw.com/case/atlas-crest-investment-corp. It is free and there is no cost or obligation to you.

We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing.   We were listed in the Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions.  Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in a particular field.  He has also been selected by Martindale-Hubbell as a 2017-2019 Top Rated Lawyer.  Our firm's recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019).  Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.

If you own common stock in Atlas Crest Investment Corp. and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.

Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341

Attorney Advertising. (C) 2020 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

ACIC Logo
ACICAmerican Coastal Insurance Corp
$11.09-1.95%
Overview
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