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Finance trade is attempting to money in on #MeToo

Accusations of sexual harassment have felled dozens of executives, however in a single quiet nook of the monetary world, the #MeToo motion seems to be like a golden alternative.

Firms that supply cash to plaintiffs in anticipation of future authorized settlements are racing to capitalize on sexual harassment lawsuits. That’s setting off alarms in some quarters as a result of the trade, like payday lenders, has a historical past of offering money at exorbitant rates of interest to clients who want the cash for residing and typically medical bills.

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