Last August, when prominent litigation funding firm Burford Capital Ltd. was hit with as securities class action lawsuit, I published a post highlighting the new suit. In a post in which I arguably had some fun at Burford’s expense – the post was entitled “Isn’t It Ironic? Litigation Funding Firm Hit With Securities Suit” – I detailed the shareholder plaintiff’s allegations. Having drawn readers’ attention to the lawsuit, it seems only fair for me now to point out to readers what subsequently happened in the lawsuit. The fact is, the plaintiff has voluntarily dismissed the lawsuit, albeit without prejudice.
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