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A shareholder class action against Nuix has argued that its IPO should never have gone ahead, taking the court to email exchanges about its history of disappointing results, which the tech company's former CFO called "worse than terrible".
Several entitles in the Cottle family group, which owns construction company FDC Construction & Fitout, have won more time to serve a $280 million negligence suit on accounting firms Nexia and PricewaterhouseCoopers over more than two decades of tax and financial advice.
The executor of a $100 million estate is amending its case against PricewaterhouseCoopers that alleges the firm gave negligent advice and acted with a conflict of interest while advising on tax liabilities.
ASIC is investigating Corporate Travel Management and its auditor PwC, after the travel management company said it would reverse $220 million in revenue after a review found it had overcharged customers.
A senator has slammed companies for abusing legal professional privilege, after hearing that KPMG has refused to hand over documents in an ASIC investigation into misuse of client information by KPMG auditors.
Former Carlton president and PwC chief executive officer Luke Sayers has rejected claims in a lawsuit by his wife that he defamed her and invaded her privacy in response to probes over an explicit photo.
Construction PRO
Pinsent Masons has lured a PwC partner to bolster its energy offering in Melbourne.
Construction PRO
An ex-Greenwoods & Herbert Smith Freehills partner who claims he was sacked for complaining about client Lendlease's "aggressive tax position" is seeking pro-bono representation after losing his lawyers.
Construction PRO
Lawyers for a former partner of tax advisory firm Greenwoods & Herbert Smith Freehills will cease to act for him in his case alleging he was sacked for complaining about client Lendlease’s “aggressive taxation position”.
Professional services firms should be limited to 400 partners to improve accountability and transparency, a final parliamentary report into the PwC tax scandal has proposed.