Litigation Finance Insider

Litigation Finance Insider

Augusta Ventures

All articles about Augusta Ventures.

Augusta backs new multi-million pound group claim

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.

CAT certifies Augusta-backed collective claim

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.

Agenda for European Litigation Funding Conference announced

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.

‘We’ll defend ourselves’, says Anglo as Zambian lead poisoning class action intensifies

Human rights law firms Mbuyisa Moleele and Leigh Day have filed further evidence with the High Court in Johannesburg to bolster their case against Anglo American, which stands accused of causing widespread lead poisoning to communities around the Kabwe mine, with devastating consequence for human health. The law firms have approached the Johannesburg High Court for permission to proceed with a class action in South Africa. Augusta Ventures is backing the case.

Augusta Ventures backs case against Anglo American

UK-based Augusta Ventures is backing a lead poisoning class action lawsuit in South Africa against Anglo American on behalf of a class that could potentially exceed more than 100,000 Zambian children and women of childbearing age. The claim arises from environmental contamination of villages in close proximity to the Kabwe lead mine in Zambia. Medical studies conducted over the past 45 years have consistently shown massive levels of lead in a significant proportion of young children in Kabwe. Generations of children have been affected. The case is being brought by South African attorneys, Mbuyisa Moleele Attorneys, in collaboration with London-based human rights lawyers, Leigh Day.

Augusta Ventures announces new promotion

UK-based Augusta Ventures has promoted Simon Latham to Head of Competition. He provides non-recourse finance for both plaintiffs and law firms in the UK and across the the EU and leads the competition and antitrust disputes team. Simon’s been recognized by Who’s Who Legal Thought Leaders: Third-Party Funding 2020, as “a well-known name in litigation funding, where he stands out for his adept handling of high-value competition disputes and group action proceedings.”

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