Lucid Air.
Lucid Air presentation with CEO Peter Rawlinson.
MediaNews Group/Bay Area News via Getty Images

Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today:

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Pimco’s former funds board chair and ex-communications executive face accusations of sexual harassment in lawsuit

An undated handout photo of Pimco's headquarters in Newport Beach, California. REUTERS/Pimco/Handout
pimco
Thomson Reuters

More harassment and discrimination allegations against Pimco emerged in a new complaint from three women. Their new allegations have been added to a previous complaint filed in November by two separate women.  

Click here to read the entire story.


9 investors are set for a huge windfall as Lucid Motors speculation sends a Michael Klein-backed SPAC skyrocketing

stephen schwarzman
Stephen A. Schwarzman, Chairman and Chief Executive Officer of The Blackstone Group, speaks during an interview with Maria Bartiromo, on her Fox Business Network show; "Opening Bell with Maria Bartiromo" in New York February 27, 2014.
Brendan McDermid/Reuters

Meet the big-name investors set to make a killing as a result of SPAC Churchill Capital Corp. IV's potential acquisition of Lucid Motors. Read more here.


Don't call it a bailout: Why Melvin Capital and Robinhood say they didn't need the billions of dollars they got amid the GameStop madness

Gabe Plotkin
Melvin Capital founder Gabe Plotkin
Alex Flynn/Getty Images/Bloomberg

Robinhood and Melvin Capital's founders were adamant during Thursday's Congressional hearing that the billions they raised during the GameStop frenzy were not bailouts or necessary to survive in the moment. See more here.


NBA star Russell Westbrook just led a $63 million investment in Varo, the challenger bank that's looking to expand into lending

Russell Westbrook
Rick Bowmer/AP

NBA star Russell Westbrook just backed challenger bank Varo. The startup's CEO Colin Walsh discussed the investment and the fintech's plans to get into lending. See more here


BlackRock has begun to 'dabble' in bitcoin because investors are hunting for 'storehouses of value,' according to fixed-income boss Rick Rieder

GettyImages 480950078
BlackRock boss Larry Fink
CNBC/Getty Images

The world's largest asset manager is getting involved in crypto. Get the full rundown here.


The family of Veritas Capital founder Robert McKeon is looking for $20 million from the firm in a lawsuit that sheds light on its Dyal Capital deal

New York City skyline
Westend61/Getty Images

Family members of Robert McKeon, the late founder of Veritas Capital, claim in a new lawsuit they are entitled to some of the money the PE firm received from deals with Dyal Capital last year. Read more here.


Odd lots:

The wealthy are flocking to the Rocky Mountains, propelling ski-town real estate to new heights (BI)

CEO Mat Ishbia took his company public in the largest blank-check deal ever. He swears by his 'No Meeting Thursday' routine from 3:30 a.m. to 9:40 p.m. (BI)

Apollo Names Ex-SEC Chairman Jay Clayton as Lead Independent Director (WSJ)

Dinan's York Plans to Sell CLO Unit Months After Hedge Fund Exit (Bloomberg)

Read the original article on Business Insider