A judge has retroactively validated the appointment of BDO as auditor for litigation funder Omni Bridgeway after EY resigned due to a class action conflict, saying the failure to seek shareholder approval for the appointment was not the result of a blatant disregard for its obligations.
A former EY partner is trying again to keep their identity secret in proceedings brought by the Tax Office alleging they promoted tax exploitation schemes.
A client of EY has sued a former partner at the firm, accusing them of collecting $700,000 in secret payments as part of a tax loss scheme.
King & Wood Mallesons has settled a lawsuit by defunct stockbroker Halifax Investment Services alleging the firm and former auditor Bentleys failed to advise that it had to hold client funds used to trade on its online platform on trust.
A former senior associate at PricewaterhouseCoopers has sued the accounting giant alleging she was sacked after 16 years at the firm for making complaints about a supervisor’s “repeated bullying”.
A former lead partner in cybersecurity has sued Ernst & Young for expelling him after he was accused of threatening employees and mistreating female staff, saying the firm “ambushed” him and subjected him to “excessive” punishment.
Defunct investment firm Blue Sky has denied a class action’s claims that it misled shareholders ahead of its 2019 collapse and has pointed the finger at auditor EY.
PwC spin-off Scyne Advisory has lost its bid to temporarily bar a former partner from working at Downer EDI after a judge found the firm had reasonable prospects of success in its case but had inexplicably delayed bringing the proceedings.
A former EY partner facing ATO action for allegedly promoting tax exploitation schemes has lost a fight to shield their name from media reports of the case, but a temporary suppression order — which has been in place for half a year — will stay in effect for at least two more weeks while the partner contemplates a fresh appeal.
Government consulting firm Scyne Advisory has argued it is entitled to enforce a non-compete clause to stop a partner from jumping to competitor Downer EDI, citing concerns she will be setting up a competing business.