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EY sued for negligence over Coca-Cola Amatil’s $40M sale of SPC
Accounting 2021-06-25 5:32 pm By Miklos Bolza

Consulting firm EY is facing legal action for allegedly making inaccurate and misleading statements ahead of the 2019 sale by Coca-Cola Amatil of its fruit […]

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Deloitte settles partner’s age discrimination lawsuit
Employment 2021-06-24 5:13 pm By Cat Fredenburgh

Deloitte has agreed to settle a $3.8 million lawsuit brought by a partner that challenged the accounting firm’s mandatory retirement policy. The firm confirmed Thursday […]

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Auditors of fraudster Melissa Caddick might face class action
Class Actions 2021-06-10 11:33 pm By Christine Caulfield

Investors who entrusted their retirement savings to deceased fraudster Melissa Caddick may launch a class action against the auditors that signed off on financial statements […]

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Halifax auditor faces first criminal charges over auditing breaches
White Collar 2021-06-08 1:49 pm By Cat Fredenburgh

Criminal charges have been laid against the auditor of stockbroker Halifax Investment Services, whose 2008 collapse left around $200 million in client funds trapped, in […]

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Grant Thornton can bring cross-claim against Forge Group
Professional Negligence 2021-05-21 9:35 pm By Cat Fredenburgh

Grant Thornton has won approval to a bring a cross-claim against Forge Group, just three months ahead of trial in the collapsed engineering company’s case […]

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EY’s ‘surprising’ switch from Allens to Holding Redlich delays suit over Penrice audits
Ernst & Young 2021-05-20 11:29 pm By Cat Fredenburgh

Ernst & Young has delayed in filing its evidence in a lawsuit by Sydney-based investment firm London City Equities over its auditing of collapsed soda […]

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Baker McKenzie dragged into Chinese lender’s case against PwC over failed Aussie launch
Accounting 2021-05-17 5:52 pm By Cindy Cameronne

Chinese lender Aoyin wants to join Baker McKenzie to its claims against PwC over a failed bid to launch the first Chinese bank incorporated in […]

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Director can’t represent Oculus in Guvera investor class action
Class Actions 2021-04-30 2:57 pm By Cat Fredenburgh

A director of Gold Coast accounting firm Oculus has lost his bid to represent the company in a class action by investors in failed music […]

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Deloitte can’t shield retirement talk docs in $3.8M age discrimination suit
Employment 2021-04-27 1:12 pm By Cindy Cameronne

Deloitte has failed to set aside a request for documents recording talks with partners about retirement after they turned 62, in a closely watched age […]

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‘Just tell us what we did wrong’: KPMG to get more details in Arrium class action
Class Actions 2021-04-21 10:37 pm By Cindy Cameronne

A judge has ordered the applicant in a shareholder class action against former Arrium directors and KPMG over allegedly misleading statements made ahead of Arrium’s […]

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