A third black woman employee has joined a racial discrimination suit against Fox News, which, based on the deluge of allegations that have surfaced in recent months, appears to have been operating as some sort of emotional torture dungeon from the 1950s. Monica Douglas, Fox News’s manager for credit collections, alleges in the lawsuit that comptroller Judith Slater spent years subjecting her to …
There’s been several high profile class actions launched by unhappy shareholders against the companies they invest in (otherwise known as securities class actions) lately in Australia. The common theme is a claim these companies have not been straight with investors, issuing falsely optimistic information or concealing negative information. If it’s proved to be true, this sort of conduct does …
Melbourne law firm Slater and Gordon has announced it is considering undertaking a class action suit against dairy processor Murray Goulburn after the co-op significantly cut its profit expectations. Murray Goulburn had initially …
Murray Goulburn could face legal action on lower profits Murray Goulburn, the Australian dairy cooperative partially listed on the ASX, is facing a class action lawsuit following this week’s profit warning over allegations that it “misled” the market with “overly optimistic” profit expectations. Australian law firm Slater Gordon revealed yesterday (28 April) that it is investigating a potential …
The hulking write-down on Slater’s UK acquisition Quindell has put the company in a ‘financially precarious’ position. Ambition before fall as law firm Slater & Gordon faces possible class action
Slater & Gordon is now valued at $80 million, a fraction of its $2.75 billion value a year ago. An ambitious Australian company spends up big on a massive overseas asset. …
Stuart CondieAAP Slater & Gordon class action near certain Slater and Gordon is “almost certain” to face a class action from shareholders who have seen more than 90 per cent wiped off the value of their investment in the law firm. Rival legal outfit Maurice Blackburn says the near $1 billion loss unveiled on Monday by Slaters was further ammunition for the potential class action it first …
Slater & Gordon announces almost $1 billion loss by Jonathan Shapiro and Sarah Danckert Slater & Gordon has two months to the secure the support of National Australia Bank and Westpac Banking Corp The Melbourne-based company posted a $958 million first-half losss, which is three times the combined profits since it became the first law firm in the world to float on a stock market in 2007. The …