Apple’s Taptic Engine patent defeat sends litigation funder’s shares up 9%
A US jury ruled that Apple's Taptic Engine infringes on two patents held by Taction Technology, awarding the company $5.7 billion in damages. Apple plans to appeal the decision. Burford Capital, a litigation funder, has a financial entitlement to $1.4 billion from the verdict.
Why it matters: The verdict could have significant financial implications for Burford Capital and its investors.



























