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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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Group costs order not ‘appropriate or necessary’ in G8 shareholder class action, court told
Fiona Forsyth 2021-11-26 9:53 pm By Cindy Cameronne

A judge hearing the second ever application for a group costs order in a shareholder class action against early childhood education provider G8 Education has heard she should reject the request because it is not “appropriate or necessary” to ensure justice in the proceeding.

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Beach Energy faces second shareholder class action
Energy & Natural Resources 2021-11-26 5:34 pm By Christine Caulfield

Beach Energy has been hit with a second shareholder class action in as many days over allegedly misleading earnings projections for its Western Flank oil and gas reserves in the Cooper Basin.

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Beach Energy hit with shareholder class action over Western Flank projections
Class Actions 2021-11-25 8:58 pm By Miklos Bolza

South Australian oil and gas firm Beach Energy has been hit with a class action over allegedly misleading earnings projections for its Western Flank oil and gas reserves in the Cooper Basin.

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a2 Milk faces second shareholder class action
Class Actions 2021-11-24 3:55 pm By Bianca Hrovat

Dairy giant a2 Milk has been hit with a second class action alleging it misled shareholders by providing an overly rosy forecast for its infant formula sales.

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‘Cranky’ judge slams ‘disgraceful’ year-long privilege fight in class action against Westpac units
Class Actions 2021-11-18 4:48 pm By Miklos Bolza

A judge has scolded Slater & Gordon and two Westpac subsidiaries for a “disgraceful” privilege spat in a class action over allegedly excessive superannuation fees that he said had “gone badly off the rails”.

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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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Class action investigation targets NSW Police over strip searches at music festival
Class Actions 2021-11-16 11:17 am By Cat Fredenburgh

NSW Police may be hit with a class action for allegedly subjecting attendees of the Splendour in the Grass music festival to “invasive and traumatic” strip searches.

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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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