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Financial Times mentions Burford as legal funder in landmark Wirecard lawsuit

  • Securities litigation
August 16, 2021

Burford Capital is financing a leading lawsuit serving as a test case for a broader group of institutional shareholders who suffered losses of almost €2 billion in Wirecard’s collapse and are seeking compensation.

Germany’s third-largest asset manager, Union Investment, has brought the landmark suit, which is being closely watched by the payment group's former shareholders, bondholders and lenders.

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