Jon Colman of Colman Law Group, a California and Nevada firm, was a panelist at the 2017 Risk Management Summit. He spoke to business professionals on the growing trend of investor-funded litigation in commercial auto claims.
Although the practice is allowed, Jon advised caution. Crowdfunding to support a case brings up ethical questions, including whether investors or plaintiffs have priority for repayment.
His comments were featured in Insurance Journal on October 31, 2017. See the full article.