Shares in commercial litigation funding titan Burford Capital plunged on London’s AIM exchange Wednesday in response to a report from short-selling investment firm Muddy Waters Research.

Muddy Waters, which conducts investigative research on publicly traded companies and takes investment positions that reflect its findings, called Burford ”a poor business masquerading as a great one,” concluding the company is “arguably already insolvent.”

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]