Slater and Gordon Limited
(ASX:SGH) has announced that the Australian Securities and Investments Commission (ASIC) has concluded its investigation with no enforcement action.
The corporate watchdog had been investigating the legal firm’s financials records and accounts to see if they were deliberately falsified or manipulated from 1 December 2014 to 29 September 2015.
ASIC also investigated if Slater and Gordon or its officers committed any offences over that time.
As a result of its investigation, ASIC did not find any legal breaches and will not take any action against the group.
Shares in Slater and Gordon Limited
(ASX:SGH) are currently 31% higher to $0.14
