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A judge has agreed to consolidate two shareholder class actions against Treasury Wine Estates over an earnings downgrade in January and will let two law firms jointly run the case, over the winemaker's objections.
Two Boral executives have failed in their bid to shut down a false imprisonment and malicious prosecution lawsuit brought by union heavyweight John Setka relating to dropped blackmail charges.
Two competing shareholder class actions against global winemaker and distributor Treasury Wine Estates over an earnings downgrade in January this year should be consolidated, and a judge should pick just one law firm to run the case, a court has heard.