Third time unlucky: Mortgage firm loses another bid to stifle derivative suit over Macquarie sale

Arnold Bloch Leibler 2019-06-26 2:25 pm By Amelia Birnie | Sydney

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An appeals court has dismissed a third attempt by directors of mortgage aggregator Connective Group to stifle a shareholder’s derivative lawsuit over a restructure that allowed the sale of 25 per cent of its business to Macquarie Bank.

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