Surge in third-party funding sparks wave in FTSE shareholder lawsuits

cityam09-04

A surge in the availability of third-party funding has triggered a wave in speculative FTSE shareholder lawsuits as investors seek to cash in on claims of wrongdoing. Over the last year, multiple blue...

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Over the last year, multiple blue...</p>\n\n<a href=\"https://www.cityam.com/surge-in-third-party-funding-sparks-wave-in-ftse-hareholder-lawsuits/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Surge in third-party funding sparks wave in FTSE shareholder lawsuits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSurge in third-party funding sparks wave in FTSE shareholder lawsuits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-09-04 13:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/surge-in-third-party-funding-sparks-wave-in-ftse-hareholder-lawsuits/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A surge in the availability of third-party funding has triggered a wave in speculative FTSE shareholder lawsuits as investors seek to cash in on claims of wrongdoing. Over the last year, multiple blue...</p>\n\n<a href=\"https://www.cityam.com/surge-in-third-party-funding-sparks-wave-in-ftse-hareholder-lawsuits/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4149","symbol_name":"建筑机械与重型卡车","start_time":0,"source_url":"https://www.cityam.com/surge-in-third-party-funding-sparks-wave-in-ftse-hareholder-lawsuits/","article_id":"2664891423","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2024/07/london-stock-exchange-1200-x-800-2.webp?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/surge-in-third-party-funding-sparks-wave-in-ftse-hareholder-lawsuits/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2664891423","pubTimestamp":1788498000,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Aymen Mahmoud, London managing partner of McDermott, said: “The direction of travel in securities litigation is increasingly clear. “London has deep capital markets, sophisticated institutional investors, a highly developed disputes system and an increasingly mature funding ecosystem.”Stay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.From trickle to torrentFTSE 100 Entain is the latest to see a new filing after Morgan, Lewis & Bockius issued legal proceedings on Tuesday on behalf of a group of investors. The group also faces similar securities claims from investors represented by City-based law firm Fox Williams.The shareholders’ action, filed under sections 90 and 90A of the Financial Services and Markets Act 2000 , focuses on Entain’s deferred prosecution agreement  with the Crown Prosecution Service , where the company agreed to pay a 585m penalty regarding historic bribery ","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4149":"建筑机械与重型卡车","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1548497426.USD":"安联环球人工智能AT Acc","BK4597":"股息贵族","MADE":"iShares U.S. Manufacturing ETF","LU2543165471.USD":"E FUND (HK) GLOBAL QUALITY GROWTH \"A\" (USD) ACC","BK4532":"文艺复兴科技持仓","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","RSHO":"TEMA AMERICAN RESHORING ETF","LU2168564495.EUR":"AZ ALLOCATION - TREND \"AI\" (EUR) ACC","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","TRUI":"VanEck Industrials TruSector ETF","GASZ":"Corgi Natural Gas Power & Turbines ETF","CATG":"2倍做多CAT ETF-Leverage Shares","CAT":"卡特彼勒","BK4585":"ETF&股票定投概念","BK4124":"机动车零配件与设备","LU2168564222.USD":"AZ ALLOCATION - TREND \"AAZ\" (USDHDG) ACC","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU2168564065.EUR":"AZ ALLOCATION - TREND \"AAZ\" (EUR) ACC","UXI":"ProShares Ultra Industrials","HWAY":"Themes US Infrastructure ETF","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4516":"特朗普概念","LU2168563687.JPY":"AZ ALLOCATION - TREND \"AAZ\" (JPYHDG) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU2168564149.EUR":"AZ ALLOCATION - TREND \"BAZ\" (EUR) ACC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","EXI":"全球工业ETF-iShares","LU0251142724.SGD":"Fidelity America A-SGD","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC","CPS":"Cooper-Standard Holdings Inc.","BK4520":"美国基建股","BK4588":"碎股","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU1917777945.USD":"安联专题基金Cl AT Acc"},"translate_title":"第三方融资激增引发富时股东诉讼浪潮","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CPS":1,"CATG":0.6,"RSHO":0.6,"TRUI":0.6,"EXI":0.6,"UXI":0.6,"CAT":1,"GASZ":0.6,"HWAY":0.6,"MADE":0.6},"content_text":"A surge in the availability of third-party funding has triggered a wave in speculative FTSE shareholder lawsuits as investors seek to cash in on claims of wrongdoing. Over the last year, multiple blue-chip names including gambling giant Entain, smoking tycoon British American Tobacco (BAT) and fast fashion retailer Boohoo have been summoned before the High Court after a series of law firms launched group claims for institutional investors.Following the surge in activity at the Competition Appeal Tribunal (CAT), litigation funding has become increasingly integral to dispute resolution departments, driving a strategic focus on originating large-scale, high-value cases.\n\nAymen Mahmoud, London managing partner of McDermott, said: “The direction of travel in securities litigation is increasingly clear. “London has deep capital markets, sophisticated institutional investors, a highly developed disputes system and an increasingly mature funding ecosystem.”\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFrom trickle to torrentFTSE 100 Entain is the latest to see a new filing after Morgan, Lewis & Bockius issued legal proceedings on Tuesday on behalf of a group of investors. The group also faces similar securities claims from investors represented by City-based law firm Fox Williams.\n\nThe shareholders’ action, filed under sections 90 and 90A of the Financial Services and Markets Act 2000 (FSMA), focuses on Entain’s deferred prosecution agreement (DPA) with the Crown Prosecution Service (CPS), where the company agreed to pay a £585m penalty regarding historic bribery and corruption in its former Turkish business between 2011 and 2017.However, the trial is not expected to begin until 2029, as the civil court is waiting for related criminal trials involving former Entain executives to conclude between 2028 and 2029.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.49.0","shortVersion":"4.49.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2664891423","isCrawlerRequest":true}