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Government grilled on constitutionality of class action reform bill
Class Actions 2021-11-12 8:59 pm By Christine Caulfield

The Attorney General’s Department has been hammered with questions over an opinion by the former Solicitor-General that casts doubt on the constitutionality of the controversial class action bill before federal parliament.

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‘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

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.

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EY says Pitcher Partners ‘solely responsible’ in Slater & Gordon class action
Andrew Roe 2021-11-12 4:07 pm By Cindy Cameronne

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.

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Woolworths class action settlement to cover $1.75M legal bill, but no payout for group members
Adero Law 2021-11-12 11:06 am By Miklos Bolza

Woolworths has agreed to pay $1.75 million in Adero Law’s legal costs as part of a settlement of an underpayments class action which will see group members recoup any amounts they are owed in a separate proceeding brought by the Fair Work Ombudsman rather than the class action.

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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

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.

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GetSwift mulls appeal of scathing judgment on ‘PR-driven’ approach to ASX statements
Alan Shearer 2021-11-11 5:51 pm By Cat Fredenburgh

Logistics company GetSwift says it is considering an appeal of an 859-page judgment which lambasted the company and its directors’ “public relations-driven approach” to announcements on the Australian Stock Exchange.

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NT hit with class action over ‘discriminatory’ healthcare services
Class Actions 2021-11-11 5:05 pm By Miklos Bolza

The Northern Territory government has been hit with a class action alleging it discriminated against Indigenous Australians in Wadeye by failing to provide proper healthcare services.

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Slater & Gordon shareholders say EY, Pitcher Partners’ audit was ‘superficial’
Andrew Roe 2021-11-10 9:05 pm By Cindy Cameronne

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.

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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

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.

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Class action investigation launched over $200M Gippsland mineral sands mine
Class Actions 2021-11-09 2:40 pm By Miklos Bolza

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.

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