Investigation

A third law firm is investigating a potential class action against AI infrastructure company NextDC after it revealed delays in grid supply to its M3 data centre in Melbourne and slashed $140 million from its forecast earnings.

AI infrastructure company NextDC now faces three class action investigations after it revealed delays in grid supply to its M3 data centre in Melbourne and slashed $140 million from its forecast earnings.

AI data centre operator NextDC is the target of a second investigation by a class action law firm after its $140 million revenue revision late last month.

A second law firm is investigating a potential class action against AI data centre operator NextDC over last month's ASX announcement revealing a $140 million hit to its FY27 revenue.

ASIC has issued interim stop orders preventing Murdoch Clarke from offering investment in its mortgage fund, as part of the corporate regulator’s surveillance of the private credit sector.

The privacy regulator has launched an investigation into the Chinese software company behind a phone app for Anko-branded smart glasses.

Western Power has parted ways with three employees who provided character references for a former manager who was convicted of raping a colleague, following an independent investigation by MinterEllison.

A third law firm is circling Corporate Travel Management and PricewaterhouseCoopers over a share price dive earlier this month.

Super trustee Netwealth is facing the threat of another class action by investors in Falcon Capital's collapsed First Guardian Master Fund. 

KPMG has handed ASIC a "substantial body of material" over which it claimed legal professional privilege, as IAG announces it will not invite the embattled accounting firm to tender for its audit.