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Grant Thornton, Moore Stephens sued over Linchpin audits
Financial Services 2022-09-30 6:04 pm By Sam Matthews

Embattled investment firm Linchpin Capital has sued auditors Grant Thornton and Moore Stephens for signing off on the compliance plan for a registered fund that […]

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Pitcher Partners to pay $41M to settle class action over Slater & Gordon audits
Class Actions 2022-09-08 2:04 pm By Sam Matthews

Following a three-week trial, Pitcher Partners has agreed to pay $41 million to settle a shareholder class action alleging the firm, along with Ernst & […]

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Halifax sues King & Wood Mallesons for negligence
Professional Negligence 2022-09-06 11:22 pm By Cindy Cameronne

Defunct stockbroker Halifax Investment Services has sued law firm King & Wood Mallesons and its former auditor Bentleys for allegedly failing to advise that it […]

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iSignthis auditor Grant Thornton hit with criminal charges
Accounting 2022-09-01 11:23 pm By Sam Matthews

Grant Thornton and former director Bradley Taylor appeared in court Thursday, facing charges of failing to ensure the 2018 audit of fintech firm iSignthis was […]

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Fuji Xerox, EY settle suit over $450M accounting scandal
Accounting 2022-09-01 11:44 pm By Sam Matthews

Fuji Xerox and Ernst & Young have settled a lawsuit over $450 million in alleged accounting irregularities that also ensnared an EY partner and two […]

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Moore Stephens ex-partner barred from bringing all but one claim against former colleague
Corporate 2022-08-31 11:28 pm By Sam Matthews

A judge has barred a retired Moore Stephens partner from bringing all but a single claim against a former colleague who allegedly failed to account […]

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Cornerstone liquidators can sign funding pact for $46M case against PwC
Professional Negligence 2022-08-30 2:00 pm By Sam Matthews

A judge has granted the liquidators of Cornerstone Investment Australia leave to sign a funding agreement for the insolvent tertiary education provider’s $46 million professional […]

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Pitcher Partners gave bad advice on $2.5M Zap Fitness share buy-back: suit
Accounting 2022-08-29 11:29 pm By Cindy Cameronne

The former owner of fitness franchise Zap Fitness has sued accounting firm Pitcher Partners, claiming it failed to properly advise on a troubled share buy-back […]

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Arrium class action fights $8M security bid, says directors not owed costs of ‘Rolls Royce’ defence
Class Actions 2022-08-16 11:51 pm By Sam Matthews

Shareholders in a class action against Arrium and KPMG are fighting an $8 million security for costs order sought by former directors of the failed […]

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‘Not how litigation works now’: Class action over Quintis audit fights EY’s bid to silo expert
Class Actions 2022-08-11 11:26 pm By Cindy Cameronne

A shareholder class action against Ernst & Young over an alleged inflation of assets owned by sandalwood producer Quintis has argued the accounting firm should […]

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