Whittaker and EY file Cross-Claims against Fuji Xerox

In a move that now makes Fuji Xerox Australia Pty Ltd (100% owned by Fujifilm Holdings) the Defendant as well as the Plaintiff, Neil Whittaker and EY (Ernst & Young) have both filed Cross-Claims against the company.

Former Fuji Xerox managing director for New Zealand and Australia, Neil Whittaker has filed a cross-claim against his former employer, in the Federal Court of Australia. This joins EY’s Sept 4th filing of a cross-claim against its former client for accounting and financial services.

EY Sydney headquarters

Neil Whittaker, former Fuji Xerox MD

The case revolves around the so-called ‘accounting scandal’ that cost Fuji Xerox over $450 million and several senior managers their jobs, and was used by investors Carl Icahn and Darwin Deason to torpedo Fujifilm’s proposed $6 billion takeover of Xerox.

Cross-claims in contentious civil proceedings are not unheard of but must usually prove pecuniary loss. Reputational damage alone is normally not sufficient to win a cross-claim.

Wideformat Online has applied to the Federal Court for permission to sight the Whittaker cross-claim documents. He has denied any wrongdoing whatsoever.

More to follow.

Related

KFC visible from space (Update) New cast vinyl for vehicle wraps Direct Advantage Direct to Garment Solution New film combines anti-microbial & anti-graffiti properties