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- Asset recovery- a chance for short sellers and the litigation industry to do good together?
Asset recovery- a chance for short sellers and the litigation industry to do good together?
Max Odenthal of Gordian Special Assets notes that while activist short sellers play a critical market function by exposing bad actors and discouraging fraudulent practices, their business model does not include cleaning up the mess after their campaigns lead to the collapse of public companies, and this gap is starting to be filled by new players in the litigation finance market and flexible law firms willing to pursue individual fraudsters on behalf of investors. Read more.