Friends turned millionaires take tech company shares battle to court
High school friends turned millionaires take Blackmagic Design shares battle to courtBy legal affairs reporter Jade ToomeyTopic:CourtsPosted Fri 24 Jul 2026 at 6:10pmFri 24 Jul 2026 at 6:10pmFri 24 Jul 2026 at 6:10pmGrant Petty is one of two Blackmagic Design co-founders being…
- ▪High school friends turned millionaires take Blackmagic Design shares battle to courtBy legal affairs reporter Jade ToomeyTopic:CourtsPosted Fri 24 Jul 2026 at 6:10pmFri 24 Jul 2026 at 6:10pmFri 24 Jul 2026 at 6:10pmGrant Petty is one of tw
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High school friends turned millionaires take Blackmagic Design shares battle to courtBy legal affairs reporter Jade ToomeyTopic:CourtsPosted Fri 24 Jul 2026 at 6:10pmFri 24 Jul 2026 at 6:10pmFri 24 Jul 2026 at 6:10pmGrant Petty is one of two Blackmagic Design co-founders being sued by Peter Barber, who helped establish the company. (Supplied: Blackmagic Design)In short:A co-founder of video technology company Blackmagic Designs is suing the company and two fellow co-founders for allegedly denying him dividends, access to information about the business, and the ability to sell his shares.Peter Barber is asking the Federal Court to order Grant Petty and Douglas Clarke to buy out his share in the company, facilitate the sale to a third party, or wind up the company entirely.What's next?The…
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