Both shareholders and convertible note holders of NEXTDC Ltd (ASX: NXT) are a part of the investigation.
Following the company’s announcement to the ASX on 21 October 2026 that it was downgrading its guidance for FY27 net revenue and EBITDA, NXT’s share price declined by approximately 42%.
If you invested in NXT between 25 February 2026 and 20 October 2026 (inclusive), Gordon Legal would like to hear from you.
You can register your interest in our investigation by filling out the below form. Registering your interest is obligation-free and will allow us to contact you with information about the investigation and any potential class action.
Who may be affected?
Gordon Legal is investigating potential claims on behalf of people who acquired:
- NXT securities on securities exchanges, including the ASX; or
- NXT securities through an entitlement offer,
between 25 February 2026 and 20 October 2026 (inclusive).
We are also investigating potential claims on behalf of people who acquired other instruments sensitive to NXT’s share price during the same period.
What is Gordon Legal investigating?
Gordon Legal is investigating whether NXT complied with its continuous disclosure obligations and whether representations made to investors were misleading or deceptive.
Register your interest
If you invested in NXT between 25 February 2026 and 20 October 2026, inclusive, or participated in the September issuance of NXT convertible notes, we would like to hear from you.
Registering your interest will allow Gordon Legal to contact you with information and updates about the investigation.
FAQs
Why register now?
Registering will give you access to updates about the progress of the investigation.
It will also allow us to contact you about your personal circumstances, if we need to, to help us build a clearer understanding of the issues and assess whether and how legal action may be pursued.
Please note if you do register, we do not require any information from you at this stage. Registering is confidential, and obligation free.
Has a class action commenced?
No. Gordon Legal is currently investigating and assessing the possibility of a class action.
Registration via the form above means you will receive updates and stay informed about the investigation and any future legal action.
Costs
There is no out-of-pocket cost to register your interest in Gordon Legal’s investigation.
What is a class action?
A class action, also known as a group proceeding, is a court procedure brought by one or more individuals known as representative applicants on their own behalf and on behalf of other people who have similar claims against the same party or parties (the respondent(s)). The individuals in the wider group are known as group or class members.
Class Actions are brought to resolve common issues of fact or law for the wider group. It is not necessary that group members have identical claims. In fact, it is to be expected that there will be differences between the loss and damage suffered by each individual group member.