Litigation Funding Transparency Act of 2026

This bill requires transparency in lawsuits involving many plaintiffs (like class actions or mass torts) by mandating that lawyers disclose who is funding the case. Specifically, they must reveal the identity and ownership structure of any outside investor - such as a company, foreign entity, or sovereign wealth fund - providing financial support for the lawsuit, including whether the funder is foreign-controlled. These disclosures must be submitted to the court and other parties within 10 days of funding agreements or when the case is filed, with regular public reports on the Judiciary website detailing funding sources and amounts. The law also prohibits funders from influencing legal strategy or settlement decisions and restricts access to sensitive case documents by funders.