Tavistock has updated shareholders on the latest developments in its legal wrangle with Titan, which centres on the firms’ ten-year strategic partnership agreement.
In a note to the stock exchange, it said it wanted to appraise its shareholders and the market regarding the expanded scope of its counterclaims against Titan Wealth Services and Titan Asset Management (Titan) following the court's judgement in Tavistock's favour on 11 December last year. The statement said that despite strong opposition from Titan, the court allowed Tavistock to add new causes of action to the existing proceedings linked to Titan's model portfolio service (MPS) for breach of confidence, alleged misuse of trade secrets and copyright infringement. It highlighted the f...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
