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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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Ex-Fuji Xerox execs settle suit over $450M accounting scandal
Accounting 2022-08-11 11:42 pm By Cat Fredenburgh

Two former executives at Fuji Xerox’s Australian unit have settled a lawsuit over their roles in a $450 million accounting scandal that has also ensnared […]

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‘Serious allegations’ against Pitcher Partners to be heard in NSW
Accounting 2022-08-05 10:02 pm By Cindy Cameronne

A judge has denied a bid by accounting firm Pitcher Partners to transfer a $127 million lawsuit brought by the Twigg family, saying he was […]

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EY settlement in class action over Slater & Gordon audits approved
Securities 2022-08-05 2:05 pm By Cindy Cameronne

A judge has blessed Ernst & Young’s settlement with shareholders in a class action alleging the firm, along with Pitcher Partners, approved an overly rosy […]

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Big Un auditor convicted of failing to comply with auditing standards
Accounting 2022-08-01 11:08 pm By Cat Fredenburgh

The lead auditor for Big Un’s flawed 2017 independent audit, which overstated the failed video company’s cash and cash equivalents by $8.2 million, has been […]

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Funder backing multiple cases against Deloitte can’t access docs in Noumi class action
Accounting 2022-07-25 11:35 pm By Sam Matthews

Deloitte has won its bid to keep confidential documents away from the funder backing a consolidated shareholder class against food company Noumi which alleges the […]

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PwC partners knew of unlawful dividend payment to Cornerstone director, court told
Professional Negligence 2022-07-22 9:55 pm By Cindy Cameronne

PwC partners are facing “very serious” allegations that they had actual knowledge that a $30 million dividend payment to the director of now defunct tertiary […]

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Pitcher Partners looks to shut down $128M Twigg family lawsuit
Professional Negligence 2022-07-22 8:48 pm By Cindy Cameronne

Accounting firm Pitcher Partners wants to shut down a lawsuit brought by the Twigg family alleging it helped race car driver Max Twigg misappropriate $127.8 […]

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Barrister cites finding that PwC used ‘postbox’ lawyer in Noumi class action privilege spat
Class Actions 2022-07-19 4:18 pm By Sam Matthews

A fight over a global privilege claim by Noumi has been foreshadowed in a consolidated shareholder class action against the food company, formerly Freedom Foods. […]

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