FinanceABC News & HeadlinesHigh school friends turned millionaires take Blackmagic Design shares battle to court
A co-founder of Melbourne-based Blackmagic Design is suing his fellow shareholders in Federal Court, claiming he was blocked from selling his stake in the billion-dollar film tech company.
The millionaire co-founder of an Australian video tech company behind some of Hollywood’s biggest blockbusters has told the Federal Court a decade of hostility by his fellow shareholders has unfairly barred him from selling his lucrative stake in the billion-dollar business.
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