Supio Launches From Stealth with $25M Series A to Revolutionize Legal Data Processing for Personal Injury and Mass Tort Law Firms

San Francisco, CA — Emerging from stealth mode, Supio, a pioneering AI platform designed for personal injury and mass tort plaintiff law firms, has secured $25 million in an oversubscribed Series A funding round. Led by Sapphire Ventures, with continuing support from Bonfire Ventures and Foothill Ventures, the investment raises Supio’s total capital to $33 million. The platform aids lawyers by offering insights through AI-driven analysis of complex legal data, a feature that promises to redefine preparation and strategy in litigation. Supio’s unique selling proposition is its ability to efficiently process vast amounts of unstructured … Read more

Wall Street’s New Bet: Private Equity Dollars Fueling Multibillion-Dollar Toxic Tort Legal Battles

NEW YORK — Private equity funds are quietly powering some of the most headline-grabbing legal battles in the U.S., trading the familiar turf of Wall Street for risky but potentially lucrative courtroom confrontations. Amid increasingly complex and drawn-out lawsuits involving toxic torts, these investment firms are stepping in to fund costly litigation, betting on huge settlements and court awards. Toxic tort cases, covering damages from substances like asbestos and controversial drugs, can span decades and accrue millions in expenses. Plaintiffs’ attorneys traditionally bear these upfront costs, not receiving payment until a case concludes successfully. This … Read more

Legal Luminary Patti Santelle to Illuminate Key Trends at FETTI’s 30th Anniversary Conference on Environmental and Toxic Tort Law

Chicago, IL — A beacon in the realm of environmental and toxic tort law, Union League Club of Chicago is set to host a pivotal discussion featuring Patti Santelle, a distinguished attorney with a rich career spanning nearly 35 years in the industry. Santelle, Chair Emeritus and former Managing Partner, will address legal experts and professionals at the annual conference marking the 30th anniversary of the National Forum for Environmental and Toxic Tort Issues (FETTI) on September 26th. Santelle’s session, titled “Coverage Update 2024,” is scheduled to commence at 8 a.m. and will run for … Read more

Tom Davis Joins Epiq as Chief of Staff, Bolstering Fraud Prevention in Class Action and Mass Tort Units

NEW YORK — Epiq, a leader in legal services and technology solutions, has enhanced its team by appointing Tom Davis as Chief of Staff for its Class Action, Remediation, and Mass Tort division. With a profound background in operations, compliance, and fraud prevention, Davis brings decades of relevant expertise to a rapidly evolving field fraught with complex challenges. Davis, who previously served as vice president of operations and fraud prevention at Garden City Group (GCG) before its acquisition by Epiq in 2018, will directly collaborate with Nicole Hamann, President of Epiq Class Action. His role … Read more