Seek

Seek is selling its stake in Employment Hero, one of its best-performing investments. Turns out the lawsuit was just couples therapy.

Employment Hero and Seek have quietly settled their legal stoush, avoiding a high-stakes court fight and removing a major distraction for both companies.

A federal court judge this week ruled that the dispute between the HR startup and ASX jobs giant will proceed to trial - as a top ASX analyst weighed in on the fight.

Newly released court documents for the first time detail Employment Hero's version of the events leading up to its lawsuit against ASX-listed giant Seek, one of its own investors.

A day after agreeing to keep its platform open to Employment Hero, Seek says it warned the startup about misusing its access.

Employment Hero's coupling with Seek has become increasingly awkward. KKR's purchase of a chunk of Seek's equity in the HR unicorn is a win for both Australian companies.