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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 shareholder class action against KPMG and ex-Arrium directors says the company's accounts were infected by "chronic and systemic overoptimism", with the former operator of Whyalla Steelworks portraying as viable a business that was impaired up to $2.8 billion.
Sportsbet's 'fast code' betting system was not a genuine telephone betting service because customers had already transmitted information before making the call, according to a class action which argues punters would not have placed bets had they known the system was illegal.
As proof of its popularity as a class action jurisdiction, the Supreme Court of Victoria will hear opening submissions in three class action trials on Monday, an unprecedented number in a single day for the court.
Construction PRO
Gas giant Woodside has hit back at claims by activist groups that the federal environment minister's department "negotiated" with the company ahead of approving a 40-year extension to its North West Shelf project.
Construction PRO
Activist group Friends of Australian Rock Art have alleged environment and water minister Murray Watt "cherry picked" potential economic and social benefits of Woodside's North West Shelf project while ignoring the harms.
Construction PRO
Communications between the environment minister's department and Woodside over the gas company's controversial North West Shelf project raised concerns about the apprehension of bias, activist group Australian Conservation Foundation has told a trial judge.
A judge has found the Melbourne Symphony Orchestra did not discriminate against pianist Jayson Gillham on the basis of political belief by cancelling a concert after he made comments that were critical of Israel's conduct in Gaza.
Three Keybridge Capital directors have rejected claims that board minutes documenting a $4.75 million bonus to former CEO Nicholas Bolton were a post-hoc "concoction”, saying they accurately reflected an agreement reached during a nine-minute meeting in 2023.
Counsel representing a class action on behalf of thousands of Aussie Home Loan customers has told a trial judge brokers "planted seeds" to convince customers they needed to take out worthless mortgage protection insurance.