Legal
HSBC wins dismissal of class action suit over Madoff feeder funds
HSBC Bank Plc defeated a class-action lawsuit by investors who lost money in Bernard Madoff’s fraud and claimed the bank ignored warnings while administering a group of “feeder funds” that placed money with the con man. A judge on Thursday threw the case out, saying the court lacked jurisdiction over…
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Click here to read the full story: South China Morning Post