Most Recent
EY says Pitcher Partners ‘solely responsible’ in Slater & Gordon class action
Andrew Roe 2021-11-12 4:07 pm By Cindy Cameronne Sydney
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.
‘Astonished’ judge scolds law firms for slow progress in Treasury Wine Estates class action
Class Actions 2021-11-12 5:42 pm By Miklos Bolza Sydney
A Victoria Supreme Court judge has admonished Maurice Blackburn and Slater & Gordon for their less than speedy progress in a consolidated shareholder class action against Treasury Wine Estates, after hearing that evidence would not be filed by the plaintiffs until the end of 2022.
Pitcher Partners, EY point finger at Slater & Gordon’s lawyers in class action trial
Andrew Roe 2021-11-11 9:45 pm By Cindy Cameronne Sydney
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.
Slater & Gordon shareholders say EY, Pitcher Partners’ audit was ‘superficial’
Andrew Roe 2021-11-10 9:05 pm By Cindy Cameronne Sydney
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.
Pitcher Partners, EY audit blamed for $800M drop in value of Slater & Gordon’s acquired business
Andrew Roe 2021-11-09 8:50 pm By Cindy Cameronne Sydney
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 business’ value “disappearing” within six months, a court heard on the first day of trial in a long-running class action by the law firm's shareholders.
Western Power can’t palm legal costs onto Thiess for bushfire class action loss, court finds
Brahma Dharmananda 2021-11-05 2:20 pm By Cindy Cameronne Sydney
Western Power is not entitled to palm off the legal costs of defending a class action after an appeals court found it was negligent in causing the January 2014 Perth Hills bushfire which destroyed 57 homes, a court has said.
Despite universal panning by lawyers, government takes class action bill to parliament
Class Actions 2021-10-27 9:03 pm By Miklos Bolza Sydney
Legislation capping litigation funder returns in class actions to 30 per cent and requiring group members to sign up to funding schemes has been introduced to federal parliament despite widespread criticism.
Beach Energy faces second shareholder class action investigation over Western Flank disclosures
Class Actions 2021-10-26 9:37 pm By Cat Fredenburgh Melbourne
Australia’s largest onshore oil producer, Beach Energy, is facing a second shareholder class action investigation into whether it misled the market with its projected earnings from oil reserves on the Western Flank in South Australia.
a2 Milk faces new shareholder class action investigation
Class Actions 2021-10-21 1:32 pm By Miklos Bolza Sydney
The a2 Milk Company is facing the prospect of a second shareholder class action over its 2021 financial guidance and subsequent downgrades following Slater & Gordon's case earlier this month. 
Class action firms circle Star following $1B share price plunge
Class Actions 2021-10-18 1:05 pm By Cat Fredenburgh Melbourne
Star Entertainment Group is facing two possible shareholder class actions over alleged failures in the management of its anti-money laundering and counterterrorism financing risks.