Skip to content Read more for insight into what is impacting the SPAC market as well as a few interesting trends that may inform current and future plans for our SPAC clients and friends. Read more for our predictions for SPACs in 2022, based on what we saw and analyzed in 2021. Read more for a breakdown of the issues and advice for mitigating risks in this evolving exposure area. Class action litigation for non-breach privacy violations has exploded and the Illinois Biometric Information Privacy Act (BIPA) is the culprit. In the last 10 years, less than 1% of securities class action suits have gone to trial. This lack of trials embolden the plaintiffs’ bar to bring more suits. To ease director liability, all boards need to put cyber risk front and center as part of their corporate governance.