Securities

The Federal Court judge overseeing the sale of Billabong has set a March date for a meeting of shareholders to weigh the company’s proposed sale to surfwear rival Boardriders.

Members of a class action against Slater and Gordon have until Tuesday to make their case against the $36.5 million settlement hammered out by  Maurice Blackburn’s lawyers.

The Australian Securities and Investments Commission could get more teeth under a new proposal by a Turnbull government taskforce released Tuesday, with penalties for corporate crime tripling from $1 million to $3 million.