ROSEN, A NATIONALLY RANKED LAW FIRM, Reminds Burford Capital Limited Investors of Important Deadline in Securities Class Action First Filed by the Firm; Encourages Investors with Losses over $100K to Contact the Firm – BRFRF, BRFRY
NEW YORK, Sept. 10, 2019 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Burford Capital Limited (OTC: BRFRF, BRFRY) from March 18, 2015 through August 7, 2019, inclusive (the “Class Period”) of the important October 21, 2019 lead plaintiff deadline in the securities class action commenced by the firm. The lawsuit seeks to recover damages for Burford investors under the federal securities laws.
Litigation Funder Looking to Purchase £3B Worth of Swiss Bank Claims
Hundreds of thousands of UK citizens have savings in Swiss bank accounts through prominent institutions like UBS, Credit Suisse and Julius Baer. However, a litigation funder is cooking up a £3B claim alleging that the UK bankers illegally received commissions from the Swiss bank in a process known as retrocession.
Burford Accused of Lavishing Non-Executive Directors With Trips to Barbados and Capetown
The hits just keep on coming for Burford Capital. First there was the Muddy Waters short, then accusations of a sex tape swap, and now allegations the world’s largest litigation funder spent loads of money on its four non-executive directors (whose responsibility is to keep management in check).
Bentham IMF Completes Third Round of US Hiring Since Launch of $500M Fund Devoted to US Investments, Bringing on Talent to Address Funding Demand for Trade Secrets and International Arbitration Disputes
NEW YORK (September 11, 2019) – Leading commercial litigation funder Bentham IMF has completed its third round of hiring since the November 2018 launch of its second fund devoted to US investments.
Burford Investor Caro-Kann Issues Point-by-Point Rebuttal of Muddy Waters Allegations
Well, not everyone is buying Muddy Waters’ claims that Burford Capital mis-represented its accounting. Investor Caro-Kann Capital is long Burford shares, and has released a lengthy and detailed report outlining the firm’s point-by-point rebuttal of Muddy Waters’ allegations.
Litigation Funding Makes its Way to Canada’s Supreme Court
The case of 9354-9186 Québec inc., et al. v. Callidus Capital Corporation 2018 QCCA 632 is making its way to the Canadian Supreme Court, and with it will come an examination of litigation funding in the insolvency context.
Burford Could Face ‘Revenge Porn’ Lawsuit for Sex Tape Fiasco
Burford Capital executive Daniel Hall – who manages the firm’s in-house asset tracing business – has been accused of swapping sensitive corporate materials for a sex tape of a billionaire he is investigating. Now, the woman in the alleged tape has hired law firm Covington & Burling to launch a potential criminal prosecution under the UKs ‘revenge porn’ law.
Founder of Oasis Suing Former Owner; Hedge Fund D.E. Shaw
One of the largest hedge funds in the world, D.E. Shaw, previously owned consumer legal funder Oasis Financial through a side pocket fund (separate Private Equity subsidiary). In 2016, Shaw sold Oasis to PE shop Parthenon. Now, Gary Chodes, Oasis’ founder, is suing D.E. Shaw claiming that the hedge fund sold off his company for less than it was worth, and that it paid out equity holders while he got nothing, despite his having an equity stake and a board seat.
Litigation Capital Management (LCM) Limited (AIM:LIT), announces its full year results for the period ended 30 June 2019.
Litigation Capital Management Limited (AIM:LIT), a leading international provider of litigation financing solutions, today announces its audited financial results for the year ended 30 June 2019.
Institutional Investor’s Exit Illustrates the Long Shadow That Muddy Waters Casts Over the Funding Industry
The case against Burford Capital has been made, and Burford’s response has subsequently been laid out. We’ve from heard from both sides on the issue, and it seems the market has spoken (said market can be fickle, however, so we’ll see what it’s saying six months or a year from now). That said, Muddy Waters’ allegations of Burford’s accounting impropriety cast a very long shadow over the industry, as illustrated by one prominent institutional investor’s decision to sell its holdings in Burford Capital.
