Slater & Gordon Limited
(ASX:SGH) says its lawyers have confirmed that ASIC will be looking into its audit process with Pitcher Partners.
The law firm has also confirmed that two accounting errors have been identified in its UK business.
UK regulators are also investigating Quindell, the UK law firm that Slater & Gordon purchased for $1.3 billion earlier this year.
Ernst & Young have been engaged to independently assess the company’s responses to ASIC and Slater & Gordon intends to update the market regarding the assessments later next month.
Slater & Gordon reported a half yearly net profit of $33.73 million for the 2015 financial year.
