An “embarrassing” and “scandalous” attempt to sue the corporate regulator, several brokerages, a law firm, a hedge fund, an offshore short-selling outfit, columnist Joe Aston and this newspaper for the demise of Blue Sky Alternative Investments has, as far as some defendants are concerned, nearly sputtered to a close.
Lawyers for Blue Sky founder Mark Sowerby’s Blue Dog Group last week informed the Brisbane Supreme Court they would discontinue a class action against Aston, Nine, the law firm Gadens and the Totus Alpha Fund.
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Myriam Robin is Rear Window editor based in the Melbourne newsroom. A Rear Window columnist since 2017, she previously reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
