LexShares
From Wikipedia, the free encyclopedia
| Company type | Private company |
|---|---|
| Industry | Legal financing |
| Founded | 2014 |
| Founders | Jay Greenberg and Max Volsky |
| Headquarters | , |
| Products | Litigation finance, Litigation Funding |
| Services | Legal financing market place |
| Website | www |
LexShares is an American online marketplace for investing in legal financing of litigation. It connects plaintiffs in commercial legal disputes with investors to fund their cases. Founded in 2014, LexShares is privately owned with an office presence in New York City.[1]
The LexShares platform connects accredited investors with plaintiffs and attorneys looking for funding. Investors can buy a stake in the outcome of a lawsuit by giving plaintiffs, oftentimes business owners, the capital they need to pay legal fees or operate their business while in the midst of litigation.[2] LexShares funds individual commercial cases. When a new case is offered, LexShares' investor network is notified and has the opportunity to invest through their online platform.