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A Blue Sky director has pointed the finger at auditor Ernst & Young in a class action alleging the collapsed investment firm misled shareholders by misstating its assets under management.
Dell Australia has been ordered to pay a $10 million penalty for making false and misleading representations about the discount prices of add-on computer monitors.
Telstra and TPG will not challenge a decision by the Australian Competition Tribunal to uphold the ACCC's rejection of their proposed regional network sharing agreement.
A PricewaterhouseCoopers partner may launch defamation proceedings against the professional services firm over two press releases which he says falsely linked him to a tax leaks scandal in an attempt to “offer scapegoats” to the public.
A PricewaterhouseCoopers partner has won his lawsuit against the professional services firm over his forced dismissal, with a judge finding the decision breached a partnership agreement and that the firm had acknowledged the partner did not misuse confidential ATO information.
AMP has set aside $50 million in its financial statement for the first half of 2023 to cover potential liability in a class action won last month by financial advisers over the wealth manager's buyer of last resort policy.
Troubled professional services firm PwC has lost two partners to law firms Corrs Chambers Westgarth and DLA Piper.
Auditor Ernst & Young has filed cross-claims against Blue Sky in a shareholder class action accusing the collapsed investment firm of misleading shareholders by misstating its assets under management.
A judge has found that a case brought by the liquidators of investment firm Linchpin Capital against auditors Grant Thornton and Moore Stephens for signing off on the compliance plan for a registered fund that allegedly misused investor money has legs.
Just days before trial, exercise bike giant Peloton Interactive has dropped its lawsuit against California fitness company Mad Dogg Athletics that sought removal of Mad Dogg's 'spinning' trade mark.