Virage Capital Management, which invests in lawsuits hoping for a return, is being sued over funds the firm claims it is owed from a now-disbarred attorney who represented former NFL players in a class action over concussions.
Attorney J.B. Harris sued Virage, alleging the company is wrongly holding up settlement money in a tobacco case because the disbarred attorney, who also worked on the tobacco matter, owes the funder money from the NFL litigation.
The tobacco settlement funds were frozen after Virage asserted a lien on the proceeds. The firm claimed it is entitled to a 40% interest in legal ...
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