Freshfields Bruckhaus Deringer, Quinn Emanuel Urquhart & Sullivan and Morrison & Foerster are advising litigation funder Burford Capital on its claim that it has been the victim of “illegal market manipulation”.

In a statement released Monday, Burford announced the preliminary findings of its analysis of the trading of its shares last week, after short-seller Muddy Waters said in a report that Burford was “a perfect storm for an accounting fiasco”.