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A judge has allowed a shareholder class action over the collapse of asset manager Blue Sky to bring insider trading claims against several short sellers, as well as brokers Credit Suisse and Argonaut Securities.
A failed competition class action by Queensland electricity customers accusing utility companies Stanwell and CS Energy of misusing their market power has been appealed to the Full Court.
A competition class action against Stanwell and CS Energy has been tossed, with a judge finding the power companies' conduct was legitimate “profit maximisation behaviour”.