Tracy Tran
Tracy is a deliberate and leading litigator with a unique cross-section of experience in class actions and financial services claims.
Tracy has led some of the most high-profile and significant defence of complex claims in Australia.
She has a wide-ranging scope of experience in commercial disputes, financial services regulation, and major shareholder class actions involving alleged misleading or deceptive conduct and auditing failures, and is also uniquely positioned with a strong background in insurance litigation and Commonwealth regulatory actions. Tracy’s predominant focus is class action litigation and its emerging areas including cryptocurrency and competition. Tracy is client centric, detail oriented and focusses on delivering highly successful outcomes.
Experience & capabilities
Selected matters
Tracy’s experience includes advising:
- ASX and dual-listed companies in high-profile shareholder class actions of significant quantum arising out of alleged financial investment misrepresentations or continuous disclosure obligations concerning forecasted financial earnings, including project acquisition overvaluation, asset impairment, profit forecasts and complex auditing reviews.
- in an investor claim against a mining group alleging misleading or deceptive statements in respect of financial results across 3 financial years and alleged knowledge of inaccurate reports of forecasted profits.
- company administrators in proceedings alleging knowing receipt of traceable sale proceeds of shares and options obtained from siphoned company funds.
- a Big 4 accounting firm in the defence of and joinder to multi-party proceedings brought by a former client.
- a firm of accountants in its defence of proceedings brought by a nine-figure ASX investment fund in relation to taxation advice concerning the valuation of off-market share buy-backs.
- major Australian insurers and policyholders in respect of a range of contested professional indemnity claims involving issues of causation, proportionate liability, time limitation.
- an Australian bank and key personnel in response to the Bank Bill Swap Rate (BBSW) proceedings and investigations led by ASIC primarily involving allegations of manipulation and unconscionable conduct by major banks.
- defence of proceedings brought by the ACCC against a joint venture party and entities controlled by the Obeid family in relation to alleged breaches of bid-rigging provisions concerning the grant of mining licences at Mt Penny and Glendon Brook.
