Class action pending over Vocation

Fairfax Media     |    12 November 2014 ……………………………………………………………………………………………………… More than 30 institutional investors from both Australia and overseas are backing a class action being planned by law firm Maurice Blackburn over disclosure practices at embattled education firm Vocation. ……………………………………………………………………………………………….......…… Maurice Blackburn has launched online registration page to allow retail shareholders to sign up to be part of a class action, joining the large institutions angry at the heavy losses of $350 million-plus as the share price plunged. Maurice Blackburn class actions principal Jacob Varghese said there had been substantial interest from institutional … [Read more...]

Murdoch allegations revealed

"Between 29th January and 17th September, there were some pretty shocking things that happened."

ABC News     |    13 November 2014 ……………………………………………………………………………………………………… The chancellor of Murdoch University has revealed the nature of allegations senior academic staff under investigation by the Western Australia's Corruption and Crime Commission (CCC). ……………………………………………………………………………………………….......…… Vice-chancellor Richard Higgott resigned last month after he was reported to the CCC by the university. Last week, Murdoch announced its second most senior executive, Professor Ann Capling, was also under investigation for alleged misconduct. Chancellor David Flanagan told  ABC Perth that there are five senior staff under investigation. Flanagan said the university had sought … [Read more...]