Financial software company Encompass Corp., which lost its patent infringement case against technology firm InfoTrack, and lost its patents in the process, should pay just 30% of InfoTrack’s costs, the Federal Court has been told.
AMP could face criminal charges, Royal Commission hears
AMP could be hit with criminal charges after counsel assisting the Royal Commissioner said Friday evidence before the commission had shown the wealth management firm may have broken the law when it charged fees for no service, lied about the practice to ASIC, and presented a heavily-edited Clayton Utz report to the corporate regulator as independent.