Accounting firms EY and Pitcher Partners ignored âfront page newsâ that Slater & Gordonâs acquired business Quindell was scrutinised by a UK regulator after reporting a $250 million (ÂŁ137 million) loss, a court heard on the second day of trial in a class action by the law firmâs shareholders.
A judge said he âgaggedâ at the Australian Competition and Consumer Commissionâs proposed $5 million pecuniary penalty in its case against specialist workplace relations company Employsure over six misleading Google ads.
JPMorgan bigwigs who are key witnesses for the prosecution in its cartel case over ANZâs botched share placement in 2015 will be questioned by Citibank and Deutsche ahead of trial.
Big Six law firm King & Wood Mallesons has promoted managing partner of clients and mergers and acquisitions Renae Lattey to lead the firm’s Australian practice.
A trade mark attorney has sued boutique IP firm Marquette, alleging she was fired for complaining about her treatment by a supervisor who had been practising as a lawyer for less than a year.
The Commonwealth Bank of Australia has failed in its bid to dismiss a case brought by customers who claim they were the victims of “cuckoo-smurfing” and had funds seized as proceeds of crime because the bank breached its anti-money laundering obligations.
Accounting firm Pitcher Partners gave faulty advice ahead of Slater & Gordon’s disastrous $1.2 billion Quindell acquisition that was responsible for $800 million in the businessâ value âdisappearingâ within six months, a court heard on the first day of trial in a long-running class action by the law firm’s shareholders.
The Sparke Helmore partner at the centre of a $1 million professional negligence lawsuit attempted to conceal an âoversight of enormous proportionsâ that is said to have lost a property developer two lucrative contracts, a court has heard.
Maurice Blackburn is being sued by a factory worker who claims the law firm’s negligence in failing to file a lawsuit on time cost him the opportunity to recoup significant damages from his former employer for physical and psychological injuries sustained while on the job.
A class action investigation is underway on behalf of property holders and business owners in the Gippsland region who have allegedly been intimidated into selling their assets for the development of the $200 million Fingerboards mineral sands mine.