The Case
Therium provided a multi-million-dollar portfolio facility secured by an accomplished litigation firm’s extensive roster of employee misclassification cases. The targets of the suits were massively successful household names at the forefront of the “gig economy,” whose outsized revenues created a significant power imbalance against individual workers seeking to enforce basic employment rights. The law firm utilized Therium’s funding both to retain new clients and to fund litigation against the offending employers. This investment highlights how Therium’s capital can be strategically deployed to facilitate redress for many thousands of wronged individuals and to balance the scales when going up against litigation adversaries with immense financial resources.
