ASIC concludes Nuix insider trading investigation
ASIC has concluded its investigation into alleged insider trading by financial technology company Nuix’s chief executive Jonathan Rubinsztein.
Source: moneymanagement.com.au
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NXL ASX: Insufficient evidence to charge Nuix boss with insider trading: ASIC
The regulator has closed its probe into chief executive Jonathan Rubinsztein, whose share purchase coincided with a US company’s approach about an asset sale.
Source: afr.com
ASIC legal action: Inside the frantic months after Nuix hit the ASX – and the skids
Now the subject of legal action by the regulator, new details show exactly what was going on at the top of a hot tech stock which crashed back to earth.
Source: afr.com
Nuix directors expected to make up lagging performance
Nuix directors relied on performance data from management, which indicated the tech stock would get itself out of trouble in time to hit prospectus guidance.
Source: afr.com
Nuix court case: Share slump should have sparked concern about forecasts, ASIC tells court
In its closing arguments for the long-running dispute, the regulator says directors must have known that the market did not believe they would hit targets.
Source: afr.com