Class action law firm Banton Group is going after the collapsed Blue Sky Alternative Investments, its directors and its auditors, and big four firm EY, alleging investors were hurt by overstated claims about the company’s financial performance and asset value.
Former directors Tim Wilson, Elaine Stead, Mark Sowerby, Robert Shand, Kim Morrison, Alexander McNab, John Kain, Philip Hennessy, Michael Gordon, and Nick Dignam are all named as respondents in the claim, funded by International Litigation Partners.
Loading...
Max Mason covers insolvency, courts, regulation, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max's journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
