‘Completely futile’: ASIC resists mediation push from judge concerned about cost of IOOF trial

ASIC 2021-02-08 12:25 pm By Spencer Fowler Steen | Melbourne

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A judge has ordered ASIC to enter mediation before heading into a “very expensive” trial with an IOOF subsidiary accused of giving shonky advice, over objections from the regulator that mediation would be “completely futile”.

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