Burford Capital New York Office.
Burford said that it will investigate a “false and misleading” report from San Francisco-based Muddy Waters, claiming it shows signs of market manipulation.
August 08, 2019 at 12:34 PM
1 minute read
The original version of this story was published on The Recorder
A day after an investment report called Burford Capital insolvent, causing its stock prices to plummet, the litigation funder struck back by claiming its initial investigation of the report shows signs of market manipulation.
Burford CEO Christopher Bogart said Muddy Waters’ tactics behind the report are “deeply disgusting”, adding that Burford has built its business around corporate governance and transparency.
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