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‘Puffed up IPO’: Two class action law firms investigating Nuix – Sydney Morning Herald

Lawyers are investigating whether shareholders had the right information to make informed decisions about investing in Nuix after a revenue downgrade and halved…

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At least two class action specialist firms are investigating a potential shareholder lawsuit over the botched listing of the Macquarie-backed technology company Nuix after three days of damning revelations about its float and corporate governance.
Sydney-based firm Quinn Emanuel and Melbournes Phi Finney McDonald are both actively investigating Nuix, with lawyers preparing to build a case around misleading and deceptive conduct or breaches of continuous disclosure obligations.
Nuix shares have more…

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