Finances

Cook County Jury Rules in Favor of Elissa Wall, Connecting Jeffs Family Finances to Church Abuse Accountability

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A jury in Cook County, Illinois, delivered a significant verdict on June 27, siding with Elissa Wall in her case against Seth and Warren Jeffs. This ruling paves the way for Wall to collect funds from a property sale by Seth Jeffs, with the $130,000 earned now eligible to help pay off a court-mandated debt Wall is owed. Warren Jeffs, currently serving a life sentence in Texas for sexually assaulting a minor, is the leader of the Fundamentalist Church of Jesus Christ of Latter-day Saints (FLDS). In 2017, a Utah court mandated that he pay … Read more

Hidden Finances: Exploring the Effects of Secret Litigation Funding in the MedTech Sector

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Washington, D.C. – In the complex realm of medical technology, a stealthy financial player is emerging: undisclosed third-party litigation funding (TPLF). This behind-the-scenes funding influences legal actions involving medical technologies and devices, yet operates with a degree of opacity that raises concerns about the integrity of litigations and the healthcare sector overall. Third-party litigation funding is not a new concept, but its encroachment into the medtech industry marks a significant evolution. Traditionally employed in other legal areas, TPLF involves third parties—often hedge funds or investment companies—that finance lawsuits in exchange for a portion of the … Read more