Victoria

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.

Developer Urbex has launched proceedings seeking the return of a $2.85 million deposit on a $59 million contract to buy a development site in Melbourne's east, saying it validly terminated the agreement after an adverse contamination and geotechnical report.

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.

A trial in the state of Victoria's dispute with the owners of Pakenham Place Shopping Centre over a compulsory land acquisition has been vacated.

Web Travel Group has been hit with a class action by investors who say the value of their shares plummeted after misleading 2025 earnings guidance was corrected.

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.

A Lucent Group vehicle is suing contractor Wolf Construction to stop it from enforcing a $379,000 SOPA ruling for works at a townhouse precinct development at the site of a former abattoir in Northcote, Melbourne.

The site owner of a proposed shopping centre in Melton must return $1.5 million to a defunct developer that allegedly breached a $30 million land sale contract, an appeals court has found.