Billionaire’s Investment Is ‘Latest Twist’ in Lawsuit Funding, Say Reports

Billionaire’s Investment Is ‘Latest Twist’ in Lawsuit Funding, Say Reports

News reports say that billionaire investor George Soros is getting involved in backing a litigation funding company – the “latest twist on the litigation funding market, which has drawn criticism for monetizing and encouraging the lawsuit culture in the U.S. The firm.”

That’s the way one report described the development – see Soros Sees Mighty Big Gains In Investment Portfolios Made Out Of Lawsuits (available here).

Other stories include the following:

  • “How George Soros Is Making Money Off Personal Injury Financing,” from Finlaw.com, available here; and
  • “Soros Backs Personal Injury Lawsuits” from Bloomberg.com, available here.
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