Cisco reaches settlement with UK broker over grey and counterfeit kit

Cisco reaches settlement with UK broker over grey and counterfeit kit

Cisco is to receive a “substantial sum” from UK broker K2 IT after it was caught trading in grey and counterfeit kit.

The Stockport-based broker agreed to pay an undisclosed settlement figure after admitting that its unauthorised trading activities resulted in a number of counterfeit items being inadvertently transacted by the company. read more