Software Co. Gets OK To Move Suit Against Troubled Broker

Law360, London (August 9, 2019, 7:05 PM BST) -- A judge has agreed to transfer to the technology subdivision of a London court a wealth management software company's suit seeking nearly £600,000 ($724,303) from a stockbroker for breaching a contract for online investment tools.

Deputy Master Timothy Bowles allowed Third Financial Software Ltd. to transfer its nearly £595,000 claim against SVS Securities PLC to the Technology and Construction Court from the Business List of the High Court, subject to the permission of the new judge. Third Financial will also be able to submit an amended claim by Aug. 30, according to the consent order dated Wednesday, with an amended defense...

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