Burford Capital Stock News

Elon Musk "Greatly Encouraged" By DOJ Investigation Into Short Sellers Dealing with his own ongoing woes with the Securities and Exchange Commission that we have recently written about, Elon Musk is now publicly praising an ongoing DOJ investigation into short sellers. Musk spoke exclusively to CNBC via email on Wednesday, stating: “I am greatly encouraged by the Justice Department investigating short sellers. This is something the SEC should have done, but, curiously, did not.” “Too often, sophisticated hedge funds have used short selling and complex derivatives to take advantage of small investors. They will short a company, conduct a negative publicity campaign to drive the stock price down temporarily and cash out, then do it all over again many times. The term for this, as you may be aware, is ‘short & distort,’ ” Musk wrote. Recall just days ago we wrote that Elon Musk was also complaining about "harassment" from the SEC. Musk accused the regulatory agency of "harassment in a calculated effort to ''chill'' his right to free speech in its oversight of his communications with shareholders as part of a 2018 agreement that settled civil securities charges against the executive," CNBC reported last Thursday morning .

Emeth Value Capital, an investment management firm, published its fourth-quarter 2021 investor letter a copy of which can be downloaded here.

Justice Department Focused On Spoofing And Scalping In Ongoing Short Seller Probe The U.S. Department of Justice reportedly "seized hardware, trading records and private communications" belonging to well-known activist short seller Carson Block last October, as part of a wide ranging investigation into short selling, the Wall Street Journal reported this morning. The ongoing DOJ probe, which has been in the news over the last several months, is focused on whether short sellers conspired to drive down the price of stocks by sharing reports and engaging in illegal trading practices, including spoofing and scalping. It had previously been reported earlier this month by Bloomberg that electronic devices belonging to Citron Research''s Andrew Left had also been seized from his home in early 2021. The investigation is "being led in part by the U.S. Attorney’s Office in Los Angeles, an office known for prosecuting organized crime rings," the Journal wrote. Spoofing is the process of bluffing bids and offers on a certain security, which can create the false impression of buyers and sellers when there are none.

Burford Capital Limited (NYSE:BUR)s share price gapped up prior to trading on Monday . The stock had previously closed at $9.99, but opened at $10.38. Burford Capital shares last traded at $10.38, with a volume of 100 shares trading hands. Separately, Zacks Investment Research lowered Burford Capital from a buy rating to a hold rating []

Burford Capital is the global leader in litigation finance but the market is still suspicious about its results.

New hires in New York, Washington and Chicago; expanded presence in DACH region New hires in New York, Washington and Chicago; expanded presence in DACH region

NEW YORK, Oct. 13, 2021 /PRNewswire/ -- Burford Capital, the leading global finance and asset management firm focused on law, today announces the launch of phase two of The Equity Project, its ground

NEW YORK, Oct. 12, 2021 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, has announced it will hold an Investor Event on Tuesday, November

Burford Capital Limited (BUR) CEO Christopher Bogart on Q2 2021 Results - Earnings Call Transcript

NEW YORK, Sept. 9, 2021 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, today announces its financial results for the six-month period end

NEW YORK, Aug. 26, 2021 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, today announces registration and participation details for its res

NEW YORK, Aug. 23, 2021 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, today released the following statement on its performance for the

Arguing The Burford Thesis

NEW YORK, June 28, 2021 /PRNewswire/ -- Burford Capital, the leading global finance and asset management firm focused on law, today releases new independent research probing how CFOs and senior finan