NewsBite

RCR had ‘two sets’ of books, lawyers say after $40m settlement

Jenny Wiggins

Engineering group RCR Tomlinson had two sets of books showing different pictures of the company’s finances before it collapsed, lawyers Quinn Emanuel said after settling a long-running class action lawsuit for $40 million.

Quinn Emanuel partner Damian Scattini told AFR Weekend that one reason the class action had taken so long to resolve was because the company had “operated two sets of books”.

Loading...
Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Bluesky: @jennywiggins.bsky.social Email Jenny at jwiggins@afr.com

Read More

Latest In Infrastructure

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/infrastructure/rcr-had-two-sets-of-books-lawyers-say-after-40m-settlement-20230915-p5e4y1