A former U.S. prosecutor and an ex-FBI agent are entering into a new line of business together.
Earlier this week, former federal prosecutor Andrew Stolper announced that he had teamed up with ex-FBI agent Peter Norell to launch a private equity firm specializing in litigation financing. Litigation financing is a growing business in the legal industry that allows hedge funds and other investors to provide money to litigants in exchange for a portion of any settlements or verdicts. It also is a strategy...