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FUNICULAR FUNDS, LP v. PIONEER MERGER CORP.

22-cv-10986 (JSR).

700 F.Supp.3d 49 (2023)

FUNICULAR FUNDS, LP, Plaintiff, v. PIONEER MERGER CORP., et al., Defendants.

United States District Court, S.D. New York.

Signed October 26, 2023.

Attorney(s) appearing for the Case

Aaron Thomas Morris, Andrew W. Robertson, Morris Kandinov LLP, New York, NY, for Plaintiff.

Stefan H. Atkinson, Kyla A. Jackson, Amanda Lamothe-Cadet, Kirkland & Ellis LLP, New York, NY, Jordan David Peterson, USDC, New York, NY, for Defendants.

OPINION

Plaintiff Funicular Funds, LP ("Funicular") purchased Class A public shares of defendant Pioneer Merger Corp. ("Pioneer"), a special purpose acquisition company ("SPAC") organized under Cayman Islands law. ECF No. 9 ("Am. Compl."), ¶¶ 2, 19-20. This putative class action concerns...

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