FCA enters into Burford short-seller dispute

By Jasper Cox
12 Aug 2019

The UK’s Financial Conduct Authority is looking into the movements in litigation finance firm Burford Capital’s share price last week. Burford is alleging evidence of "illegal market manipulation".

Burford claims there is evidence of spoofing, a practice where investors place a large volume of trading orders and cancel them before they can be executed, in order to manipulate the price of the security.

Its shares moved wildly last week, as short-seller Muddy Waters Research published a ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.