Multi-Million Payout following Mistrade
Hi all,
I’m looking for advice or contacts regarding litigation funding for a complex multi-million mistrade case. Back when I was a college student, a pricing calculation error in a structured product turned a trade of a few thousands into an 8,000,000 position - the trade was cancelled afterwards. The issue was not an isolated incident but rather systemic error that occured multiple times before, which is why there is a strong basis for claiming the full amount.
Pursuing the case requires high six-figure upfront legal and court costs, which is why external funding is needed. Even assuming a conservative success probability (~10%), the expected value is clearly positive. Counsel also estimates materially higher odds given the facts, combined with meaningful settlement potential due to the reputational risk for the counterparty.
I work in IB but don’t have enough equity to finance this on my own. I’ve spoken with a few local litigation funds, but many focus on standard damage claims and tend to hesitate with capital-markets-related cases.
Time is ticking, and I’m running out of options — any help or guidance would be greatly appreciated. Thank you!!
Molestiae deleniti consequuntur ad corporis consequuntur. Alias totam autem sapiente excepturi consequatur beatae aliquid. Nihil unde necessitatibus dignissimos aut voluptatibus fugiat recusandae.
Temporibus ut alias tempora officia neque reiciendis placeat. Ipsa est enim repellat quos ut consectetur dolor. Aut at commodi ex laudantium aliquid. Quidem et nostrum et dolorum adipisci vel.
Aut ratione qui asperiores consequuntur dolores. Aut fugiat cupiditate alias. Deserunt facere est minima et dolor dicta.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...