Again over reaction, page-10

Since you insist.

How many shareholder class actions have "failed" - https://www.allens.com.au/pubs/pdf/ldr/papldrmay15-02.pdf .

Key quote - " Most claims have settled in the lead-up to trial as both parties weigh up the uncertainties and risks associated with a judgment (and the costs of trial). ". So if the class action goes ahead, you can almost guarantee that BAL will try to settle . My guess is for an amount north of $100m (although i assume some of that will come out of their DnO insurance policy, assuming Laura was smart enough to buy it)

IB's getting burned - accaeric was nice enough to post the carnage from the 2nd of Dec - https://hotcopper.com.au/threads/bal-great-buy-now.3090608/page-70?post_id=21154607#.WFZkQ_mLQdU

Some highlights, - UBS -11m, ITG, -9.6m, Wilson -8.4m. The list goes on and on !! Novice CBA buyers are at +24m

So its fair to say the IB's lost a lot of money. They have a large vested interest in the class action succeeding. So the class action has a lot of financial muscle behind it.

And as for the negative media reports - i think you can read that yourself, no need for me to post links

Anything else you want me to "prove" ?