January 10, 2020 / 1:47 PM / 15 days ago

IN BRIEF: Legalist says plaintiffs it funded have recovered more than $500 mln

Plaintiffs in cases funded by Legalist, a litigation finance firm that uses machine learning technology to source and underwrite investments, have collectively recovered more than $500 million in damages, it said.

Those payouts stem from 20 investments in cases, Legalist said in a statement on Wednesday. Legalist has invested in 82 cases total, its statement said.

To read the full story on Westlaw Practitioner Insights, click here: bit.ly/2tPKm2F

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