Former Slater & Gordon auditor Pitcher Partners has been hit with a class action alleging it signed off on an overly rosy 2015 year-end financial report that failed to disclose risks and impairments the firm faced from its recent acquisition of UK firm Quindell.
A judge has dismissed a bid by PriceWaterhouseCoopers to have one of two law firms bow out of a joint class action against the accounting giant after a lead applicant died.
The timing of an email from a Herbert Smith Freehills solicitor alerting the Fair Work Commission to union contempt proceedings, which the firm argued early this year was grounds for halting the amalgamation of the CFMEU with two other unions, points to ‘a high level of collusion’ to block the merger, a judge said Tuesday.
A settlement has been reached in two class actions brought on behalf of holders of debentures who allege they suffered losses due to Australian Executor Trustees’ mismanagement of debenture issuer Provident Capital.
Johnson Winter & Slattery has been pulled into a class action against failed educational training company Vocation and its auditor PricewaterhouseCoopers, with the auditor saying the firm’s advice to Vocation constituted misleading and deceptive conduct.
Applicants in four Federal Court class actions against AMP won’t voluntarily move their cases to the NSW Supreme Court on the invitation of a state judge, leaving a jurisdictional battle to rage on.
Electricity company Western Power was to blame for the January 2014 inferno that destroyed 57 homes in and around Parkerville, Western Australia, a lawyer told the state’s Supreme Court at the start of trial Monday on behalf of residents and property owners.
Lawyers in the turf war over five competing AMP class actions have agreed to a temporary peace accord after the battleground edged close to the realm of the absurd, with a threatened anti-anti suit injunction being met with calls for an anti-anti-anti suit injunction.
The law firm behind one of four AMP class actions in Federal Court might call for an anti-anti-suit injunction in response to a threat by a NSW Supreme Court judge to block the actions from proceeding in favour of the lone case filed against the wealth manager in state court.
A trial is set to kick off at the end of July in two class actions brought on behalf of holders of debentures who allege they suffered losses due to Australian Executor Trustees’ mismanagement of debenture issuer Provident Capital.