Burford Loses Bid For LSE Trader Info In Short-Selling Attack

Law360, London (May 15, 2020, 12:50 PM BST) -- A judge ruled on Friday that the London Stock Exchange does not have to disclose the identities of traders allegedly involved in a short-selling attack that slashed the stock value of a litigation funder, finding no arguable case of illegal market manipulation.

Burford Capital has failed to win a court order to force the London Stock Exchange to hand over the names of traders that dealt in its shares. (iStock) Judge Andrew Baker has refused to grant an application by Burford Capital Ltd. for a court order to force the exchange to hand over the names of traders that bought and sold the...

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