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Funder to get 30% cut of confidential KPMG class action settlement
Class Actions 2019-04-05 1:19 pm By Miklos Bolza

Litigation funder Litigation Capital Management will snap up 30 percent of a confidential settlement amount that KPMG has fought to keep under wraps in a […]

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KPMG settles class action over $840M failed takeover offer
Class Actions 2019-04-02 8:43 pm By Cat Fredenburgh

A settlement has been reached in a class action against KPMG alleging it providing a misleading expert report to copper miner Discovery Metals that was […]

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Law firm can’t replace uncooperative expert in KPMG class action, judge says
Financial Services 2019-02-22 4:17 pm By Cat Fredenburgh

A judge has denied law firm Piper Alderman’s request to replace an uncooperative expert witness in a class action against KPMG over a failed takeover […]

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One in five audits lack basis for giving financial reports the all-clear, ASIC finds
Financial Services 2019-01-24 9:50 pm By Christine Caulfield

The Australian Securities and Investments Commission has called for the big accounting firms to focus on “culture and talent” after a new report found one […]

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Arrium creditors can get docs for potential litigation over $4B collapse
Energy & Natural Resources 2018-10-17 11:25 pm By Christine Caulfield

Creditors of the failed Arrium Group have won access to documents handed over by third parties to the company’s administrators for possible civil proceedings against […]

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Commonwealth Bank admits data breach of 20 million accounts
Privacy & Cybersecurity 2018-05-03 2:30 pm By Christine Caulfield

Commonwealth Bank of Australia has confirmed a breach of data affecting nearly 20 million accounts, but said Thursday there was no evidence that customers’ details […]

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