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Salter Brothers defeats clients’ suits over ‘misleading’ visa investment fund
A judge has dismissed lawsuits brought by three former Salter Brothers clients alleging they were misled about an investment fund marketed as part of a visa program to migrate to Australia.
Norton Rose nabs former APRA general counsel
The former chief general counsel for the Australian Prudential Regulation Authority has joined Norton Rose Fulbright as a financial services partner.
NAB resolves discrimination suit alleging ‘boys club culture’
NAB has settled a suit by a former exec who alleged she was discriminated against and bullied, including having a baseball bat brandished at her.
Judge who acted in ‘hot contest’ shouldn’t hear Greensill case, court told
Greensill has a "clear case" for recusal of a judge poised to hear cases over its $1.7 billion collapse, who previously acted as senior counsel for insurer Marsh in a satellite dispute.
S&P fails in bid for all class action expert evidence to be thrown out
Ahead of an eight-week trial in an investor class action in July, ratings agency S&P has lost its bid to throw out the entirety of the expert evidence in the case.
NAB super fund trustee says failed class action rejected $25M offer
Former NAB superannuation fund trustee NULIS is seeking the first ever award of indemnity costs in a class action that flopped following the rejection of a settlement offer.
HSBC may face new claim in ASIC case alleging lax scam prevention
British banking giant HSBC could face a new claim in ASIC proceedings alleging it failed to adequately protect customers from scams, a court has heard.
Defunct Westpac unit RAMS settles trade mark dispute with fund manager
Defunct Westpac mortgage broker RAMS has reached a settlement in a trade mark stoush with fund manager Real Asset Management.
Mastercard won’t be ready for March trial in ACCC case, court hears
Mastercard is staring down costs orders after telling a court it will seek to vacate an upcoming trial date in its fight with the competition regulator after technical difficulties slowed the discovery process. 
Non-bank lender Firstmac hit with $8M penalty for DDO breaches
The Federal Court has slapped non-bank lender Firstmac with an $8 million penalty, the second doled out in ASIC proceedings for violations of the new design and distribution obligations.