Article: Burford Loses ‘Market Manipulation’ Claim Against London Stock Exchange

Article - Media, Publications

Burford Loses ‘Market Manipulation’ Claim Against London Stock Exchange

Krishnan Nair, 15 May 2020

Burford Capital has failed in its claim against the London Stock Exchange (LSE) that it had been the victim of market manipulation, after its share price plummeted last year.

Last August, the litigation funder’s share price tumbled following what the firm referred to as a “short-selling attack” by U.S. research firm Muddy Waters. More than $1.2 billion was wiped off Burford’s value, with shares dropping as low as 64%.

Read Full Article

THE DOLLAR HAS NO INTRINSIC VALUE : DO YOUR ASSETS?