Playing The Odds: Hedge Funds Finance Medical Malpractice Claims

Forbes – Investors are always looking to earn an easy profit, particularly from well-managed companies. But when the profit is from a hedge fund that finances medical malpractice lawsuits aimed at driving doctors out of the profession, Wall Street may have gone too far.

An entirely new industry has cropped in recent years as trial lawyers set their sights on making money off physicians, corporations and other targets–particularly financing malpractice suits through hedge funds. In 2010, hedge funds invested $1 billion in these types of suits, much of it for medical malpractice cases.

Read Complete Article

 

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply