$23.6M Vocation class action bill might have been ‘materially lower’, judge says

Accounting 2021-07-23 11:09 pm By Cat Fredenburgh | Melbourne

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A judge has approved a $50 million settlement in a shareholder class action against failed training company Vocation and auditor PricewaterhouseCoopers, but questioned whether the $10.9 million commission and $12.75 million legal bill could have been “materially lower” had the case been run by one funder and firm instead of two.

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