Burford: $5.7B jury verdict in Taction v. Apple would yield $1.4B entitlement if paid as-is

Burford Capital Ltd

Jury in Taction Technology, Inc. v. Apple Inc. awarded $5.7B in damages after market close on Friday, September 25, 2026, reported as one of the largest US patent verdicts.
Burford's entitlement if the verdict amount were paid as-is would be $1.4B, split roughly equally between Burford's balance sheet and its investment funds (~$700M each).
Burford cautions the verdict is not a final judgment or cash received; Apple is expected to move for judgment as a matter of law and the Federal Circuit reviews large verdicts closely.
Company says it could recover substantially less or incur a total loss; ultimate entitlement depends on its financing agreement, fees, expenses, taxes and other deductions.
Burford issued the release due to media coverage and says it does not alter its general approach to disclosing individual matters.

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