afr: cudeo lawsuit puts the heat on hotcopper, page-18

No idea Denial - only going off the info from the website etc. (Though I have seen the ridiculous $1.20 report)

If they didn't have clients with enough shares to cover the amount they shorted, then it's presumably illegal naked shortiing.
If they DID have clients who owned enough shares for them to 'borrow' to short, and if I were one of those clients, I'd be ropably furious.
We don't buy shares for brokers to use them to short....
We buy shares to see them go up in price.

Meanwhile, clients of Fosters with CDU shares would be well advised to check the CDU website imo...

Until we know exactly what's happened, it's basically just conjecture though, but helps to show the rules of this uneven playing field we choose to play in called the ASX!