Nov 14 (Reuters) - Commonwealth Bank of Australia (CBA) :
- CBA REACHES AGREEMENT TO SETTLE CCI CLASS ACTION
- A SETTLEMENT HAS BEEN REACHED IN RELATION TO CCI CLASS ACTION COMMENCED IN JUNE 2020
- IF COURT APPROVES SETTLEMENT SUM OF A$50 MILLION, GROUP MEMBERS WILL BE ABLE TO REGISTER FOR SETTLEMENT DISTRIBUTION SCHEME
- CLASS ACTION RELATES TO CONSUMER CREDIT INSURANCE FOR CREDIT CARDS AND PERSONAL LOANS THAT WAS SOLD BETWEEN 1 JANUARY 2010 AND 7 MARCH 2018
- IN AGREEING TO RESOLVE LITIGATION, CBA, CMLA AND AIAA MAKE NO ADMISSIONS OF LIABILITY
- SETTLEMENT, RESOLVES PROCEEDINGS FOR OTHER DEFENDANTS, COLONIAL MUTUAL LIFE ASSURANCE SOCIETY AND AIA AUSTRALIA SUBJECT TO COURT APPROVAL
- IN AGREEING TO RESOLVE LITIGATION, CBA, CMLA AND AIAA MAKE NO ADMISSIONS OF LIABILITY
News: CBA Commonwealth Bank Of Australia Reaches Agreement To Settle CCI Class Action
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