Former GOP Rep: Congress Must End Foreign Meddling in American Lawsuits

Cătălin Roșioru

Anyone can invest in pretty much anything these days. You can buy stock in a company or purchase a stake in debt. You can bet on the outcome of a sports game or even an election. But what about a lawsuit? Third-party litigation financing (TPLF is a secretive and rapidly growing industry here in the United States. It involves big investors, like hedge funds, providing money to law firms or companies in exchange for them pursuing litigation. If a given lawsuit goes the investors’ way, they get a