Companies

A shareholder class action against Nuix has argued that its IPO should never have gone ahead, taking the court to email exchanges about its history of disappointing results, which the tech company's former CFO called "worse than terrible".

A judge will approve deductions that will leave less than half of a $22.5 million class action settlement against two former CBA wealth management units left over for distribution to group members.

Monadelphous Group subsidiary Kerman has secured a $165 million Rio Tinto contract for the design and construction of facilities at the mining giant's Brockman Syncline 1 project in the Pilbara.

Lendlease has been tapped by Queensland as preferred contractor for the Redcliffe Hospital expansion project in Moreton Bay, a key part of the government's hospital rescue plan.

Fortescue wants to strike out a class action's claim that it created a hostile workplace for women, arguing the allegation was not raised in a human rights complaint and can't now be pursued in court.

A banned financial advisor who is suing former employer AMP Financial Planning for alleged unconscionable conduct is seeking to join AMP Bank to the case, claiming it made fraudulent misrepresentations.

As Telstra faces scrutiny over this month's nationwide Triple Zero outage, the communications regulator said Thursday it had brought action against Optus over last year's emergency call blackout.

Law firm Cornwalls is not on the hook for the Commonwealth Bank's costs in a negligence suit by a former client, a judge has found.

KPMG has confirmed that former chief operating officer Eileen Hoggett kept confidential Lendlease documents in a locker at the firm's Sydney office, after fresh inquiries substantiated whistleblower allegations.