FCA investigating Burford Capital market manipulation claims
Shares down more than 50%
The Financial Conduct Authority (FCA) is investigating claims of "illegal market manipulation" of Burford Capital's share price after an attack by US short-seller Muddy Waters saw it plummet by more than 50%.
On 6 August, Muddy Waters posted a tweet stating that at "8 am London time" the next day "we will announce a new short position on an accounting fiasco that's potentially insolvent and possibly facing...
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