Financing

Ygrene Energy Fund Hit With Potential Class-Action Lawsuit

Ygrene Energy Fund has been sued in a potential class-action complaint that alleges the Santa Rosa company deceived customers about the costs and difficulties linked to its financing for home energy improvement projects. The federal lawsuit alleges the company misled clients in California and Florida by suggesting they wouldn’t have to pay off their Ygrene financing …


Peter Thiel & Y Combinator Fund a “Litigation Financing” Startup to Make Money Off Other Peoples’ Lawsuits

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, …