S2 E56 How Wall Street Trades Personal Injury Lawsuits
Send us Fan MailWhat happens when a personal injury lawsuit becomes a Wall Street investment?In this Deep Dive, we examine the explosive growth of third-party litigation funding—where firms advance money to plaintiffs in exchange for a share of future settlements, and those investments can ultimately be bundled into asset-backed securities.Supporters call it access to justice. Critics warn of predatory interest rates, inflated claims, unnecessary medical treatment, and financial incentives that may encourage fraud.With billions of dollars now flowing through this largely hidden ecosystem, one…
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