Australia: Australian Securities and Investments Commission filed lawsuit against Nuix Limited over alleged financial disclosure violations

Description

Australian Securities and Investments Commission filed lawsuit against Nuix Limited over alleged financial disclosure violations

On 28 September 2022, the Australian Securities and Investments Commission (ASIC) filed proceedings in the Federal Court of Australia against Nuix Limited, a software company listed on the Australian Securities Exchange (ASX) with a market capitalis…

Scope

Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
software provider: other software
Implementation Level
national
Government Branch
judiciary
Government Body
court

Complete timeline of this policy change

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2022-09-28
under deliberation

On 28 September 2022, the Australian Securities and Investments Commission (ASIC) filed proceedings…

2026-04-23
in force

On 23 April 2026, the Federal Court of Australia dismissed proceedings brought by the Australian Se…

2026-05-21
under appeal

On 21 May 2026, the Securities and Investments Commission (ASIC) filed a notice of appeal in the Fe…