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

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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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