Burford Capital Sees $1.4 Billion Potential Entitlement From Jury Verdict in Apple Patent Case
MT newswire2026/09/28 08:30Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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04:30 AM EDT, 09/28/2026 (MT Newswires) -- Burford Capital (BUR) said Monday a jury awarded $5.7 billion in damages to the plaintiff in a patent case involving Apple (AAPL), giving the company a potential entitlement of about $1.4 billion. Burford said its potential entitlement would be split roughly evenly between its balance sheet and investment funds. The company cautioned that the award could change during post-trial proceedings and appeals, and the case could face further review by the US Court of Appeals for the Federal Circuit. Burford added that the verdict is not a final judgment or cash payment and its eventual recovery could be significantly lower or even a total loss. Apple did not immediately respond to MT Newswires' request for comment.
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