16th Dec 2025 14:03
(Alliance News) - Tavistock Investments PLC on Tuesday celebrated a court ruling in its favour.
Tavistock said a UK court ruled fully in its favour in litigation with Titan Wealth Services Ltd and Titan Asset Management Ltd, allowing it to expand counterclaims relating to alleged misuse of its model portfolio service and rejecting Titan's attempts to strike out parts of the case.
The court also ordered Titan to pay Tavistock an interim amount of GBP250,000 toward legal costs within 28 days. Tavistock said it continues to pursue its claims and to "vigorously" defend the proceedings.
Tavistock shares were up 24% to 4.40 pence each on Tuesday afternoon in London, giving it a market capitalisation of GBP20.5 million.
By Tom Budszus, Alliance News slot editor
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