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Deloitte can’t dodge client’s fraud claims, 16 years after alleged conduct
Tax 2021-12-10 10:01 pm By Bianca Hrovat

Accounting giant Deloitte has lost its bid to throw out a former client’s lawsuit alleging negligence and fraud over a failed interposition under tax law that occurred more than 16 years ago.

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KPMG principal director was told to adjust to partner’s ‘aggressive, belittling’ conduct, suit says
Employment 2021-12-02 7:23 pm By Miklos Bolza

KPMG has been hit with a lawsuit by a principal director who claims he was told to “change and adjust” to “belittling and disproportionate attacks” by a partner on the debt advisory team.

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PwC strikes back in class action over $50M Axsesstoday prospectus
Class Actions 2021-11-30 6:30 pm By Cindy Cameronne

Professional services giant PricewaterhouseCoopers has hit back at a class action over a $50 million prospectus for Axsesstoday, filing a cross-claim against the asset finance lender and saying it “takes no responsibility” for allegedly defective offer documents.

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Slater & Gordon’s former boss admits to ‘catastrophic error’
Trials 2021-11-26 9:30 pm By Miklos Bolza

Former Slater & Gordon managing director Andrew Grech has told the Federal Court he regretted his “catastrophic error” in approving the $1.2 billion acquisition of Quindell’s professional services division, which resulted in massive losses for the plaintiffs law firm.

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Arnold Bloch Leibler to pay $28M in class action settlement
Class Actions 2021-11-26 6:51 pm By Miklos Bolza

Law firm Arnold Bloch Leibler will part with $28 million in its settlement with Slater & Gordon shareholders over advice ahead of the plaintiffs firm’s disastrous $1.2 billion Quindell acquisition.

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PwC hit with $43M negligence lawsuit by failed VET provider Cornerstone
Professional Negligence 2021-11-17 4:06 pm By Bianca Hrovat

Accounting firm PricewaterhouseCoopers is facing claims of professional negligence by insolvent tertiary education provider Cornerstone for allegedly assisting the company’s former director in overstating the company’s revenue and unlawfully extinguishing his debt.

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Arnold Bloch Leibler, Slater & Gordon settle class action over Quindell acquisition
Class Actions 2021-10-27 12:16 pm By Miklos Bolza

An in-principle settlement has been reached with law firms Arnold Bloch Leibler and Slater & Gordon in a class action over Slater & Gordon’s disastrous $1.2 billion Quindell acquisition.

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Companies can’t block ATO’s grilling of disgraced accountant Vanda Gould
Tax 2021-10-19 2:01 pm By Miklos Bolza

Three companies operated by convicted accountant Vanda Gould have failed again to block further cross examination of Gould by the Commissioner of Taxation in a number of tax appeals in the Federal Court.

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Settlement talks fail in Pitcher Partners, Arnold Bloch Leibler class actions
Class Actions 2021-10-15 4:05 pm By Miklos Bolza

Two class actions against Pitcher Partners and Arnold Bloch Leibler over advice given ahead of Slater & Gordon’s disastrous $1.2 billion Quindell acquisition will proceed to trial next month after mediation between the parties failed to resolve the cases.

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MIS regime poses ‘real risk’ to consolidating Freedom Foods class actions, court told
Class Actions 2021-09-17 10:16 pm By Miklos Bolza

Recent changes to the law requiring funded class actions to be registered as managed investment schemes have complicated the question of how best to resolve the multiplicity issue in two class actions brought against Freedom Foods and Deloitte.

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