United States

A once-solemn legal reckoning over decades of childhood sexual abuse in Los Angeles County is turning into a bizarre gold rush, with Wall Street vultures are circling. In the months since Los Angeles County agreed to a staggering $4 billion settlement resolving almost 7,000 sexual abuse claims tied to county-run juvenile detention and foster care facilities dating back decades — the largest such payout in U.S. history — an unexpected class of players has emerged: private investors betting on legal claims. Since the historic settlement was announced in April, LA airwaves have seen a surge in marketing from law firms…

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