Surge in third-party funding sparks wave in FTSE shareholder lawsuits

A surge in the availability of third-party funding has triggered a wave in speculative FTSE shareholder lawsuits as investors seek to cash in on claims of wrongdoing. Over the last year, multiple blue-chip names including gambling giant Entain, smoking tycoon British American Tobacco (BAT) and fast fashion retailer Boohoo have been summoned before the High…