The Bairs Foundation was created to be a fair and low-cost way for plaintiffs to get financial support while going through a lawsuit. The founders, John and Amy Bair, noticed that in an industry full of for-profit lending companies, families in need had no alternatives. The lawsuit points out that an APR over 100 percent is “unconscionable, unfair and otherwise illegal,” as is the way Oasis …
IMPORTANT INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Wins Finance Holdings Inc. and Reminds Investors with Losses to Contact the Firm News provided by 26 Apr, 2017, 18:45 ET Share this article LOS ANGELES, April 26, 2017 /PRNewswire/ — Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Wins Finance Holdings Inc. …
Twice a year, Y Combinator, a startup accelerator based in Mountain View, California, holds what it calls a Demo Day, which is a showcase of the latest batch of new companies it has nurtured. In the past, those have included Dropbox, Airbnb, and Reddit (as well as a number of companies no one remembers). Last week, at the most recent Demo Day, Eva Shang took to the stage to talk about her …
The Canadian government has as many as 45,000 legal claims — big and small — pending against it, representing a potential liability that stretches into the “hundreds of billions of dollars,” CBC News has learned. The breadth and potential depth of the litigation quagmire was the driving force behind the Trudeau government’s recent decision to establish a full cabinet committee to track the …
Legalist is a startup founded by Thiel Fellow Eva Shang and Christian Haigh, backed by Y Combinator: it will use data-mining to identify people who have been legally wronged by deep-pocketed aggressors and offer to finance their litigation in return for a share of the winnings. report this ad This tactic, called “champerty,” used to be illegal, but as it has morphed into the more thrusting, …
Greenberg Traurig’s Jennifer Gray, shareholder and co-chair of the firm’s Consumer Financial Services Litigation Practice, will be speaking this week at ACI’s National Conference on Consumer Finance Class Actions & Litigation. …
Thursday, a unit of HSBC Holdings said it will pay $1.575 billion in order to end a 14-year old shareholder class action lawsuit. The lawsuit stems from questionable mortgage lending undertaking more than a decade ago from the Household International consumer finance business that HSBC bought in 2003, according to an article by Jonathan Stempel for Reuters. In the second quarter, the company …
Editor’s note: Billionaire Peter Thiel’s involvement in the infamous Gawker privacy case has renewed interest in litigation finance, an relatively esoteric corner of alternative investments that involves bankrolling lawsuits in return for a piece of any monetary judgements. As explained by Edward Truant, principal of commercial litigation finance specialist Balmoral Wood Litigation Finance, the …