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A shareholder class action against Nuix and underwriter Macquarie over the software company's float on the ASX has trimmed its case against the company's former chairman the third week into trial.
The plaintiff in a class action on behalf of Sydney homeowners who allege their homes are sinking into the ground has flagged a potential fight over the funder’s cut and legal fees to be deducted from an $18 million settlement.
Richard White’s anti-money laundering software company Kyckr has denied unfair dismissal claims by its former chief technical officer, saying she never raised concerns about serious technical vulnerabilities and governance issues ahead of a proposed acquisition.
The funder that bankrolled a settled shareholder class action against directors of collapsed mining company CuDeco and KPMG may face a haircut to its proposed 35 per cent commission after a contradictor was appointed to scrutinise the reasonableness of the rate.
EY has claimed a "draconian" provision of the Taxation Administration Act precludes it from handing over the client file of a property developer who has accused a former partner of breaching fiduciary duties.
A judge has knocked back a class action’s bid to revise its claims against KPMG and former Arrium directors mid-trial, saying the amendments made for a "vastly different" case.
A second shareholder class action has been launched against James Hardie over the building materials company's market disclosures, setting up a contest between two class action plaintiff heavyweights.
A former Macquarie director has given evidence that it would have been "prudent" for Nuix to have reduced its sales forecast, as a shareholder class action hearing over the software company's float on the ASX enters its third week.
A class action against Allergan over recalled breast implants has lost its bid to strike out the US drug company’s defence that there was no known causal link between its implants and a certain form of cancer at the time of supply.
The ATO has lost its appeal of a ruling that put it on the hook for $35 million after a judge found it received millions misappropriated by a former Kupang Resources director in order to satisfy a tax debt against him.