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Burford Capital goes to court

Burford Capital goes to court

Even before hedge fund Muddy Waters released its short report on Burford Capital (BUR) on 7 August, the litigation finance group was alleging movements in its share price were the result of “market manipulation”, and “actionable misconduct”. Since then, it has stuck by the claim, implying the heavy share price fall at the time of the report’s publication was the work of malign market actors. This week, the Aim-traded firm escalated its claim to the High Court.

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