Slater & Gordon

More than 50 former clients of Bell Potter Securities, including some from Perth, have launched a class action against the stockbroking firm alleging it engaged in wrongful conduct by encouraging them to invest in Progen Phamaceuticals.

Law firm Slater & Gordon has acquired Perth-based law firm Gibson & Gibson, growing the national firm's Western Australian operations by a third.Slater & Gordon general manager Siri Siriwardene said the acquisition followed two years' research into the Perth legal market.

Litigation funder Bentham IMF and law firm Slater & Gordon will pursue a potential class action against failed engineering contractor Forge Group amid allegations of misleading and deceptive conduct by the company.

Investors in collapsed engineering contractor Forge Group have been dealt more bad news, with the company's liquidators declaring shareholders' stock holdings are now worthless.

Several former BHP Billiton employees made redundant from their positions at Mount Whaleback mine have engaged law firm Slater & Gordon to fight for their Newman homes amid claims the company altered aspects of its home ownership scheme.

Perth now has the highest vacancy rate of any office market across capital cities in Australia, according to fresh research by JLL, with 16.6 per cent of commercial space in the CBD sitting empty.

Mining giant Rio Tinto appears to have put the kibosh on speculation it will anchor a major new commercial office tower at Elizabeth Quay, extending its lease at Central Park until 2030.

Friction between the resources industry and the mining town of Newman has escalated following the state’s decision to approve an extension for BHP Billiton’s 1,200-bed Kurra camp.

Former iiNet chief executive David Buckingham has joined the executive team of education provider Navitas as chief financial officer.

The liquidators of failed engineering contractor Forge Group have gained financial backing to pursue a claim worth about $200 million against Forge’s former major shareholder.

Law firm Slater & Gordon, which is renowned for backing shareholder class actions, could be on the receiving end after competing firm ACA Lawyers flagged possible action.

Embattled law firm Slater & Gordon has confirmed its lenders have appointed investigative accountants to scrutinise its books.

Yan Lui has resigned from his positions of chief executive officer and Trinidad general manager at Range Resources. Mr Liu will remain on the board of director as a non-executive director. Joshua Wellisch has resigned as a non-executive director of Dakota Minerals.

Slater & Gordon has two months to convince its lenders that it has come to grips with the problems that led to a first-half loss of almost $1 billion.

Slater & Gordon is a step closer to being served with shareholder class action papers after JustKapital Litigation Partners and Woodsford Litigation Funding joined forces to fund proceedings against the embattled law firm.

Boyd Timler has been appointed as the chief executive officer of Medusa Mining. Mr Timler has over 30 years of progressive international mining experience and has most recently served as the chief operating officer of Beadell Resources.

Slater & Gordon shares have doubled in value after the struggling law firm's lenders gave it a two-year respite from its debt repayments.

Slater & Gordon shares dropped nearly 18 per cent after the embattled law firm announced a $1.02 billion full-year loss and the continued underperformance of its troubled UK business.

The Australian share market lost steam throughout the afternoon session to close slightly higher as gains in health care, resource and banking stocks offset losses in Woolworths and Telstra.

Thousands of aggrieved Slater & Gordon shareholders will be represented in a $250 million-plus class action against the law firm for wrongdoing including allegedly "blindsiding" them with bad news.

Slater & Gordon shares have plumbed fresh depths yet again after the law firm reported a first-half loss of $425 million largely due to another $350 million write-down of its troubled UK business.

The boss of beleaguered law firm Slater & Gordon has quit and the board will be cleaned out under a shake-up that passes almost full ownership of the company to its lenders.

Shares in Vocus Goup have held steady despite a proposed class action alleging the telecommunications provider engaged in "misleading and deceptive conduct" and breached disclosure obligations.