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Ex-Pitcher Partners boss agrees Slater & Gordon audit went ‘off the rails’
A former partner at accounting firm Pitcher Partners has testified during a shareholder class action trial that he should have questioned statements about the viability of Slater & Gordon’s $1.2 billion Quindell acquisition, but ran out of time because its audit of the firm went “off the rails”.
Judge shoots down Colonial First State’s bid for warning in class action opt out notice
A judge has knocked back Colonial First State’s bid to warn around 100,000 group members that even if they opt out of a class action against the wealth management firm they might still be bound by the outcome of the case.
7-Eleven class action contradictor says settlement CFO bid should go to Full Court
A contradictor asked to weigh in on a $98 million settlement in class actions against 7-Eleven has said the Full Federal Court should decide an application by the funder for a common fund order, citing the importance of the issue.
Class action investigation targets NSW Police over strip searches at music festival
NSW Police may be hit with a class action for allegedly subjecting attendees of the Splendour in the Grass music festival to "invasive and traumatic" strip searches.
In rare shareholder class action trial, Slater & Gordon investor takes stand
The lead applicant in a shareholder class action over Slater & Gordon’s disastrous $1.2 billion Quindell acquisition has said he might have “dumped” his stock before the firm experienced massive losses in 2016 if not for Pitcher Partners and Ernst & Young’s allegedly faulty advice.
Judge appoints sample group members in $500M Uber class action
A judge has appointed seven sample group members in a class action by taxi and hire car drivers against Uber, saying they would provide additional information about the regulatory environment in different states and bring focus to the trial.
Government grilled on constitutionality of class action reform bill
The Attorney General's Department has been hammered with questions over an opinion by the former Solicitor-General that casts doubt on the constitutionality of the controversial class action bill before federal parliament.
EY says Pitcher Partners ‘solely responsible’ in Slater & Gordon class action
Accounting firm Pitcher Partners was “solely responsible” for giving allegedly negligent advice about Slater & Gordon’s disastrous $1.2 billion Quindell acquisition ahead of the law firm’s massive losses in 2016, Ernst & Young has argued at trial in a long-running class action by the firm’s shareholders.
‘Astonished’ judge scolds law firms for slow progress in Treasury Wine Estates class action
A Victoria Supreme Court judge has admonished Maurice Blackburn and Slater & Gordon for their less than speedy progress in a consolidated shareholder class action against Treasury Wine Estates, after hearing that evidence would not be filed by the plaintiffs until the end of 2022.
Woolworths class action settlement to cover $1.75M legal bill, but no payout for group members
Woolworths has agreed to pay $1.75 million in Adero Law's legal costs as part of a settlement of an underpayments class action which will see group members recoup any amounts they are owed in a separate proceeding brought by the Fair Work Ombudsman rather than the class action.