Litigation Capital Management Ltd (AIM:LIT)’s share price surged over 18% on Monday after earning a bumper return from a major client win.
The dispute financing groups’s initial investment of US$9.2mln in a case heard at the London Court of International Arbitration yielded a return of US$67.6mln (£53mln).
At the time of writing, Litigation Capital was changing hands at 82p with a market capitalisation of £98.5mln