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Macquarie Capital has taken aim at the expert evidence of a shareholder class action over Nuix's IPO, saying it was "completely inadmissible" because the expert had answered legal questions that fell outside his expertise.
Hitting back at trial in a shareholder class action, software company Nuix has told a judge it was “completely unfounded” to allege auditor PwC did not push back on management’s claims about its budget.
ASIC has lost its case alleging software company Nuix failed to publish corrective disclosures that contradicted the growth story presented to the market in a prospectus for its $1.8 billion float on the ASX.
The Commonwealth has hit back at a class action’s appeal over the government's 2011 live exports ban, denying that it lied to an Indonesian minister about the ban.
A judge has slammed a Herbert Smith Freehills Kramer partner's submission that it is not good practice to subpoena witnesses in complex litigation -- saying this was "news to [her]" -- and rejected client AMP's bid to have a key witness testify from an Airbnb.
The Federal Court has dismissed an appeal by a union representing rail electricians of cooling-off orders made by the Fair Work Commission amid an ongoing dispute with Sydney Trains.
A judge has found Max Twigg must compensate his mother and several family companies after selling bonds traceable to misappropriated funds, saying he and his company “misled the court” by not disclosing the sale.
Two firms representing some Rio Tinto shareholders have lost their bid to intervene in Energy Resources' fight to renew its lease for the Jabiluka uranium mine in the Northern Territory.
An administrator has won $1 million more in costs for distributing a class action settlement, but a judge warned any ‘overshoot’ might not be borne by group members.