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CBA — Commonwealth Bank of Australia News Story

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Brief: CBA Says Agreement Reached To Settle Class Action

BRIEF-CBA Says Agreement Reached To Settle Class Action

- Commonwealth Bank of Australia CBA.AX:

  • AGREEMENT REACHED TO SETTLE CLASS ACTION

  • REACHES IN-PRINCIPLE AGREEMENT TO SETTLE CLASS ACTION WITH CFSIL AND AIL

  • SETTLEMENT SUM OF A$249 MILLION SUBJECT TO FEDERAL COURT APPROVAL

  • CLASS ACTION RELATES TO CBA CASH AND DEPOSIT OPTIONS FROM NOV 2008 TO SEPT 2021

Further company coverage: CBA.AX


((Reuters.Briefs@thomsonreuters.com;))

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