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”.
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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