TrialFunder.com Announces First Ever Profits Through Online Investment In Litigation Finance
The first round of lawsuits funded through TrialFunder.com's online platform have settled, yielding investors returns in excess of 147%
LOS ANGELES, May 18, 2016 /PRNewswire/ -- TrialFunder.com, the leading online investment platform for investment in litigation finance, announced today actual results from settled lawsuits financed through the platform. The first round of lawsuits funded through its online platform have settled, yielding online investors returns in excess of 147%, marking the first time in history investors have made profits through online investment in litigation finance.
One lawsuit involved police brutality against an elderly man. Investors in this lawsuit funded the costs of litigation, which settled 9 months after funding and generated a 147% return for investors. Another involved a trip and fall injury. Investors made a cash advance to the plaintiff, which settled 3 months after funding and generated a 98.49% return for investors.
According to Trial Funder CEO Anoush Hakimi, investing in litigation finance is a great market neutral alternative to traditional asset classes, but has historically only been available to institutional investors. "Through our proprietary technology we create access to this lucrative, non-market correlated asset class for non-institutional investors."
"Investors clearly recognize the market opportunity here. Most opportunities on our site sell out very quickly, usually within a few hours. The demand from investors has been so high that we are considering changing to an invitation only model," Hakimi adds.
Users that create a free account gain early access to investment opportunities, an incentive that has driven thousands of users to the site.
"Trial Funder's newest innovation is the diversified, multi-lawsuit fund model which allows investors to invest in a pool of lawsuits, and to spread the risk across multiple lawsuits," adds COO Peter Shahriari, Esq. "Our first fund, a diversified personal injury fund will be available to investors in just a few days, and we expect it to sell out fast."
The next fund will be focused on mass tort, multi-district litigation and is expected to net investors returns of over 60%. That fund will be available to registered users of the site this summer.
For more information, visit www.trialfunder.com | Twitter: @trialfunder1 | Facebook: www.facebook.com/trialfunder | LinkedIn: TrialFunder.com
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SOURCE TrialFunder.com
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