Burford Capital Poised for Significant Gain After Apple Patent Verdict

Litigation funder Burford Capital could gain up to $1.4 billion after a U.S. federal jury ruled against Apple Inc. in a patent infringement case. The jury awarded $5.7 billion to Taction Technology, which Burford funded, for alleged haptic feedback patent infringement. Burford cautions that the verdict is not final and subject to appeals, potentially reducing or eliminating the recovery.