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  • Litigation Funding: A multibillion-dollar industry for investments in lawsuits with little oversight
    Legal Lawsuit

    Litigation Funding: A multibillion-dollar industry for investments in lawsuits with little oversight

    December 20, 2022 /

    Ever heard of litigation funding? It’s a relatively new, multibillion-dollar industry where investors fund lawsuits. Here’s the idea: say someone was wronged by a big corporation but has no money to sue it. A litigation funder will pay for their court battle. In essence: they’re betting on the lawsuit the way traders bet on stocks. If it’s successful – they make money, sometimes a lot of money; if it fails – the funders get nothing – their investment is lost. Litigation funding can help in cases where otherwise the little guy who’s suing would just get crushed or lowballed by defendants with deep pockets. Problem is – this market is…

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    Nicholas Allbright Comments Off on Litigation Funding: A multibillion-dollar industry for investments in lawsuits with little oversight

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