Vocation Limited

Vocation Limited

Prior to entering into liquidation, Vocation provided vocational education and training which was subsidised by the Victorian Government.

The claim alleges, among other things, that Vocation Limited made misleading or deceptive statements in, and omitted information that was required to be disclosed in its prospectus, thereby causing loss to persons who acquired an interest in Vocation shares. The claim also alleges the involvement of particular directors and officers in Vocation’s contraventions.

Further, the claim alleges PricewaterhouseCoopers caused loss to group members by making certain statements while retained to carry out an audit of Vocation Limited’s FY2014 financial report.

Participating in the case

Registrations have closed. On 7 December 2018 the Court made Orders requiring group members to take steps in relation to their participation in the proceeding before 4PM AEDT on 4 March 2019 (Class Deadline). Class members must have registered by that deadline in order to claim compensation arising from any settlement of the matter. If you would like further information about the status of the Vocation Limited Class Action please contact Omni Bridgeway by email at [email protected] or by telephone 1800 016 464.

Current Stage of Case

A mediation was held in early June 2019. Although that mediation was ultimately terminated after discussions continued for several months, a further mediation was held on 28 May 2020.

Proceedings

Court
Federal Court of Australia
Plaintiff/Applicant
Cheryl Whittenbury
Defendant/Respondent
Vocation Limited (in liq)
PricewaterhouseCoopers
Mark Hutchinson
Manvinder Grewal
John Dawkins

Contact Details

Omni Bridgeway Client Liaison Team
1800 016 464
[email protected]