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Juridica wins $23m

Juridica's portfolio of litigation cases returns a further $23m
August 21, 2012

Juridica, which invests in cases that plaintiffs may not have the money to pursue, has won £23m from partial settlement of four maturing cases. This is good news for shareholders because the company expects to pay out a significant chunk of these proceeds through an interim dividend later this year.

IC TIP: Buy at 88p