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Caterpillar resolves case against former employee accused of taking confidential files
Intellectual Property 2021-11-23 4:07 pm By Bianca Hrovat

Construction equipment giant Caterpillar has resolved its dispute with a former employee accused of flagrantly copying “many thousands” of confidential files before taking a job with a competitor.

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Banksia class action barristers declare bankruptcy after $21.7M judgment
Class Actions 2021-11-19 9:39 pm By Christine Caulfield

Two former barristers ordered to pay at least $21.7 million in damages and costs for their role in a fraudulent scheme to pocket a windfall from the Banksia Securities class action have filed for bankruptcy.

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EY was ‘uncooperative’ during Slater & Gordon audit, court hears
Class Actions 2021-11-18 8:54 pm By Cindy Cameronne

A former partner at accounting firm Pitcher Partners has told a court that he had issues working with Ernst & Young on an audit of law firm Slater & Gordon, calling the Big 4 firm “uncooperative”.

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Ex-Pitcher Partners boss agrees Slater & Gordon audit went ‘off the rails’
Class Actions 2021-11-17 8:05 pm By Cindy Cameronne

A former partner at accounting firm Pitcher Partners has testified during a shareholder class action trial that he should have questioned statements about the viability of Slater & Gordon’s $1.2 billion Quindell acquisition, but ran out of time because its audit of the firm went “off the rails”.

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In rare shareholder class action trial, Slater & Gordon investor takes stand
Trials 2021-11-15 8:27 pm By Cindy Cameronne

The lead applicant in a shareholder class action over Slater & Gordon’s disastrous $1.2 billion Quindell acquisition has said he might have “dumped” his stock before the firm experienced massive losses in 2016 if not for Pitcher Partners and Ernst & Young’s allegedly faulty advice.

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Corrs Chambers lures two industrial relations pros from Herbert Smith Freehills
People In The News 2021-11-15 2:05 pm By Bianca Hrovat

Corrs Chambers Westgarth has nabbed two prominent industrial relations professionals with nearly fifty years combined experience from Herbert Smith Freehills to expand its employment and labour group.

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EY says Pitcher Partners ‘solely responsible’ in Slater & Gordon class action
Class Actions 2021-11-12 4:07 pm By Cindy Cameronne

Accounting firm Pitcher Partners was “solely responsible” for giving allegedly negligent advice about Slater & Gordon’s disastrous $1.2 billion Quindell acquisition ahead of the law firm’s massive losses in 2016, Ernst & Young has argued at trial in a long-running class action by the firm’s shareholders.

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Pitcher Partners, EY point finger at Slater & Gordon’s lawyers in class action trial
Class Actions 2021-11-11 9:45 pm By Cindy Cameronne

Accounting firms Pitcher Partners and Ernst & Young have blamed the lawyers who advised on Slater & Gordon’s disastrous $1.2 Quindell acquisition for the its massive losses in 2016, saying they failed to point out the “commercial misjudgment” of agreeing to the deal.

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Slater & Gordon shareholders say EY, Pitcher Partners’ audit was ‘superficial’
Trials 2021-11-10 9:05 pm By Cindy Cameronne

Accounting firms EY and Pitcher Partners ignored “front page news” that Slater & Gordon’s acquired business Quindell was scrutinised by a UK regulator after reporting a $250 million (£137 million) loss, a court heard on the second day of trial in a class action by the law firm’s shareholders.

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Judge ‘gags’ at ACCC’s proposed $5M penalty in Google ads case against Employsure
Competition & Consumer Protection 2021-11-10 2:46 pm By Bianca Hrovat

A judge said he “gagged” at the Australian Competition and Consumer Commission’s proposed $5 million pecuniary penalty in its case against specialist workplace relations company Employsure over six misleading Google ads.

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