Augusta Ventures is backing a new group litigation case that has been brought against Link Fund Solutions, administrators of Neil Woodford’s collapsed equity income fund, amidst claims that they failed in their duty to protect investors. At least £18 million worth of lost investment in the Woodford Fund, on behalf of 1,500 people, is being claimed by Harcus Parker, a specialist commercial litigation firm, with proceedings currently being held in the High Court.
The UK’s Competition Appeal Tribunal has certified the collective claim filed by UK consumer champion Which? against Qualcomm for over £480 million. The claim is on behalf of a class of millions of UK consumers and alleges that Qualcomm abused its dominance in the markets for smartphone chipsets and standard essential patents, leading to higher smartphone prices for consumers. Augusta Ventures is backing the claim. Hausfeld is acting for the class representative.
Brown Rudnick has released the agenda for its first annual European Litigation Funding Conference taking place on 17 May 2022 in London. The one-day conference has drawn big names from the international litigation funding market who will discuss topics such as opportunities and innovation in deal structuring, the rise of class actions and opportunities in Europe.