LexShares

LexShares
Private company
Industry Financial Services
Founded 2014 (2014)
Founders Jay Greenberg
Max Volsky
Headquarters Boston, Massachusetts
New York, New York
Products Litigation finance, Litigation Funding
Website www.lexshares.com

LexShares, founded in 2014 by Jay Greenberg and Max Volsky, operates an online marketplace for investing in lawsuits with principal offices in New York and Boston. The company serves as a online marketplace for litigation crowdfunding, similar to equity crowdfunding. 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, often times business owners, the capital they need to pay legal fees or operate their business while in the midst of litigation.[1]

References

  1. Randazzo, Sara (2016-08-04). "Litigation Funding Moves Into Mainstream". Wall Street Journal. ISSN 0099-9660. Retrieved 2017-02-03.
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