High Court throws out Burford Capital's case against London Stock Exchange
'Speculative' conclusions
Claims that market manipulation had caused an artificial decline in litigation firm Burford Capital’s share price have been dismissed as “speculative” by the High Court, which threw out Burford’s attempt to obtain trading data from the London Stock Exchange (LSE).
Burford has been on the offensive ever since claims from US short-seller Muddy Waters surfaced in August, accusing the firm and now-former Invesco stockpicker Mark Barnett of "unethical behaviour"...
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