ASIC is suing Nuix over deliberately misleading investors over the company’s growth targets and failing to inform the market when those targets were reforecast.
Atlassian co-founder Mike Cannon-Brookes’ $1.5 billion green fund, Boundless Earth, donated to the political campaign of Bundaberg Mayor Jack Dempsey in an unsuccessful attempt to defeat resources minister Keith Pitt.
The scandal-ridden data analytics company is facing myriad issues including a near-record low share price. Is it a sitting duck or a target for asset sales?