Axiom founder sentenced to 14 years in prison over £100m ‘no win, no fee’ investment fraud

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Barclays faces £40m lawsuit over breast implant scandal

A £40m High Court lawsuit, which is scheduled to be heard this October, claims Barclays’ Business Support Unit helped restructure Hospital Medical Group (HMG) to ensure it avoided paying compensation to thousands of women who were given dangerous breast implants. The claim is backed by Henderson & Jones, which purchased the claim from HMG’s liquidators.

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Lawyers gearing up for ‘wave of litigation’ due to crypto crash: Furious Brits expected to claim losses back

The collapse in the value of crypto is likely to lead to a raft of claims from UK investors who believe they have lost considerable sums of money after being mis-sold cryptocurrencies and, according to Dan Wyatt of RPC, litigation funders are becoming increasingly confident that they can get crypto class action cases up and running and are keen to establish their reputation in this area.

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Axiom fund set up to fill legal aid ‘black hole’, court hears

A solicitor accused of dishonestly funnelling nearly £20m of investors’ money from a legal financing fund into his own pocket has told jurors the fund was set up to fill ‘the big black hole in the market’ after access to legal aid was reduced. Timothy Schools is said to have received ‘just over £19.5m’ from the Cayman Islands-registered Axiom Legal Financing Fund before it collapsed in 2012. He allegedly used some of the money to pay for an estate in Cumbria, a personal trainer and football season tickets.

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