Eroad plays down patent dispute as accounting changes cloud result

Mon, 27 May 2019

By Paul McBeth May 28 (BusinessDesk) - Eroad is playing down a claim that it's infringed someone's patent, saying it's so confident of its position that is hasn't made any provisions for the claim. The logistics and fleet management technology firm said it might incur legal fees, and has warned the other party that it will pursue costs if it goes to court. It noted the claim as a contingent liability in its 2019 annual report, which showed strong earnings and revenue growth. Eroad said it was accused of infringing patents by a thi...

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