Slater and Gordon were the target of class actions in 2017 which were settled for a total $36.5 million. Now they're relying on clever spinning to get back in the game.
The disaster at Slater & Gordon would have been exactly the kind of collapse that would have led to a class action led by Slater & Gordon itself.
Slater & Gordon has owned up to a loss of almost $1 billion. And other business tidbits of the day.
After the collapse in oil prices over the past year, claimed net assets of many companies are now way overblown.
Those who remember the ABC Learning Centres debacle will have that old familiar feeling when it comes to Slater & Gordon.
Paying too much for acquisitions is the most common way that ASX-listed companies have destroyed capital over the years, but there’s never been an example quite like Quindell.
Slater and Gordon's recent snafu makes a curious case for the class action industry.
Greece is officially in default. Now what? Plus other business tidbits of the day.