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Commonwealth Bank of Australia Has Not Been Served Any Legal Proceedings
Commonwealth Bank (CBA) are aware that Maurice Blackburn and IMF Bentham are investigating a potential shareholder class action, but has not been served any legal proceedings.
” CBA awaits potential class action by Australia’s leading law firm and funder “
Australia’s leading class action law firm Maurice Blackburn Lawyers has united with Australia’s largest litigation funder IMF Bentham to pursue the largest Australian Securities Exchange (ASX) listed company, Commonwealth Bank of Australia (CBA)
CBA’s 800,000-odd registered shareholders suffered a significant share price drop on the back of news that Australia’s financial intelligence and regulatory agency, AUSTRAC, had initiated legal proceedings against the CBA alleging serious and systemic non-compliance with the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act).
The 2025 Investment Day
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, July, Sept, Oct & Nov.
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The 2025 Family Office Summit10th April & 16th Oct Hong Kong Ritz Carlton | 24th April & 6th Nov Singapore Amara Sanctuary Resort
Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2025 Family Office Summit | Register here
2025 Investment / Alternatives Summit
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
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2025 Private Wealth Summit
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit. Join as delegate, speaker, presenter, partner & sponsor.
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Source: Official Press Release
About Commonwealth Bank
Commonwealth Bank
The Commonwealth Bank is Australia’s leading provider of integrated financial services including retail banking, premium banking, business banking, institutional banking, funds management, superannuation, insurance, investment and sharebroking products and services. The Group is one of the largest listed companies on the Australian Securities Exchange and is included in the Morgan Stanley Capital Global Index. It was was founded under the Commonwealth Bank Act in 1911 and commenced operations in 1912, empowered to conduct both savings and general banking business. Today, the bank has grown to a business with more than 800,000 shareholders and 1,100 branches nationally.
Managing $20 million to $3 billion. Investing $3 million to $300 million.
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> The 2025 Investment Day Hong Kong – July / Sept / Oct
> The 2025 Investment Day Singapore – July / Sept / Nov
> The 2025 Family Office Summit Hong Kong – Oct
> The 2025 Family Office Summit Singapore – Nov
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