The Agency Group Australia: Awarded over $212,000 in court win against MCL 105

The Agency Group Australia Awarded over $212,000 in court win against MCL 105

  • After successfully defending the action against MCL 105 in the Federal Court, The Agency Group Australia (AU1) has been awarded over $200,000 in costs
  • MCL 105, a firm affiliated with former AU1 Non-Executive Director Mr Mitchell Atkins, was ordered to pay AU1’s expenses in the costs decision
  • The total costs awarded to AU1 is $212,269
  • In addition to the judgement of costs in AU1’s favour, the $400,000 previously paid into court by AU1 will be returned to AU1 within the next several days
  • Shares in AU1 are up 2.04 per cent to 5 cents at 2:23 pm AEDT
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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