Burford Plans U.S. Listing After Muddy Waters Criticism (2)

Burford Capital said it plans to pursue a U.S. stock market listing and provide more detail on its leaders’ compensation, in the wake of criticisms lodged by hedge fund Muddy Waters last year.

Burford also said a shareholder lawsuit related to the hedge fund’s claims had been dismissed, which Bloomberg Law reported in December.

The leading litigation funder said it had made a number of changes to management, shuffling leaders into new roles to start 2020.

Muddy Waters in August released a report that criticized Burford’s management structure and, in particular, the fact that its former Chief Financial Officer, Elizabeth ...