The biggest legal class action in Australian history has been launched against the Commonwealth Bank following accusations it funded terrorism and allowed money laundering.Lawyers Maurice Blackburn and litigation funder IMF Bentham have launched a class action on behalf of Commonwealth's 800,000 shareholders over a big share price drop.More than $4.5 billion was wiped from the market value of Australia's biggest mortgage lender in early August following revelations the federal government's anti-money laundering agency AUSTRAC had launched legal action against it.
No comments:
Post a Comment