Senators Reintroduce LFTA Bill on Litigation Funding Industry

Billions of dollars are being invested in lawsuits by sophisticated hedge funds that, according to some of these firms, yield huge money for them. Yet neither the defendant, nor in many cases the actual plaintiffs, have any idea that this is happening. That’s why today, Sens. Chuck Grassley, John Cornyn, Thom Tillis, and Ben Sasse reintroduced the Litigation Funding Transparency Act…

WSJ: Litigation Funding Moves Into Mainstream

Wall Street Journal By SARA RANDAZZO Aug. 4, 2016 3:20 p.m. ET http://www.wsj.com/articles/litigation-funding-moves-into-mainstream-1470338402 Startups like LexShares, Trial Funder attract investors with promises of double-digit returns LexShares’ co-founder, Jay...

Pin It on Pinterest