UK/IRELAND

Favourable ruling for Nautronix in US litigation case

Despite being the target of a second takeover bid by Scottish-based First Tech this week, Nautron...

Nautronix informed the stock exchange today that the favourable ruling meant now that the only issue in dispute will be the value of the damages payout.

Nautronix said that this figure will be decided by a jury in a San Diego Court scheduled for November. The company said its US attorney believed that the figure will likely be in excess of $US13 million.

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