Statement Regarding Media Speculation
Company responds to media speculation of potential investigation by Dubai legal authority; denies contact and rejects allegations.
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Litigation Capital Management Limited (AIM:LIT), an alternative asset manager specialising in dispute financing solutions internationally, notes the recent online speculation regarding a potential investigation against the Company by a Dubai legal authority following the publication of a press article earlier today.
The article states that the original complaint was made in 2022. The Company confirms that it has not been contacted by any legal authority, either historically or recently, in relation to the allegation. Furthermore, the Company does not believe any such allegation, were it to be made, would have any merit whatsoever. The Company is investigating further and will update the market as appropriate.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.