CBA shareholders who purchased shares over two years will bring the class action.
CBA shareholders who purchased shares over two years will bring the class action.
IMF Bentham has confirmed it will fund a Federal Court open class action against the Commonwealth Bank relating to allegations the lender breached anti-money laundering and counter terrorism funding laws.
The action will consist of CBA shareholders who purchased shares between August 17 2015 and August 3 2017 and whoheld some of those shares until 1pm on the latter date, IMF says.
IMF and Maurice Blackburn Lawyers in August said they were considering pursuing a possible case against CBA and on Tuesday IMF said it was taking registrations.
