Tavistock Investments (Tavistock) and Titan Wealth Services (Titan) have agreed to settle legal proceedings that centred on a failed ten-year strategic partnership agreement.
Terms of the settlement are confidential and include claims and counterclaims relating to the parties, their group companies, affiliates and directors, Tavistock stated in a stock exchange update this afternoon (22 July). Titan confirmed that terms had been agreed when approached by PA. Titan had accused Tavistock of breaching a share purchase agreement and of conspiracy to injure it, including through alleged orchestrated redemptions aimed at damaging its funds, claims which Tavistock denied. Tavistock, in turn, had claimed that it had uncovered Titan breaches of a strategic partn...
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