MSP Recovery, Inc. announces the conclusion of the SEC investigation with no intention to recommend enforcement action against the company, its CEO, John H. Ruiz, or its officers.
The investigation related to the Business Combination transaction with Lionheart Acquisition Corporation II and certain financial aspects.
After more than three years of review, the SEC staff has concluded the investigation without recommending enforcement action.
SEC Investigation Conclusion
The SEC investigation into MSP Recovery, Inc. has been concluded with no enforcement action recommended against the company, its CEO, John H. Ruiz, or its officers.
Cooperation with Regulators
MSP Recovery cooperated fully with the SEC during the investigation, providing extensive information over more than three years.
Mission Continuity
With the investigation resolved, MSP Recovery can now focus on its mission without the costs and resources associated with an ongoing SEC inquiry.
- The conclusion of the SEC investigation is a positive development for MSP Recovery, Inc., ensuring regulatory clarity and removing uncertainties for the company and its stakeholders.
- The resolution of the investigation will allow MSP Recovery to redirect resources and energy towards its core operations and strategic growth initiatives.
MSP Recovery, Inc. can now move forward with confidence and dedication to its mission in the healthcare reimbursement sector, free from the uncertainties of an SEC investigation.