March 17 (Reuters) - Australia's corporate regulator said on Tuesday it filed a civil penalty lawsuit against Commonwealth Bank (CBA) unit Colonial First State Investments for deceptive communication regarding a financial product, in a case that stems from a government-ordered inquiry into the financial sector.
The Australian Securities and Investments Commission said in a statement that the miscommunication hindered customers of the FirstChoice Fund product from transitioning to the cheaper MySuper product.
News: CBA Australian regulator files lawsuit against CBA unit Colonial First State Investments
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$170.30 |
Change
-3.050(1.76%) |
Mkt cap ! $284.9B | |||
| Open | High | Low | Value | Volume |
| $172.06 | $172.78 | $170.30 | $370.3M | 2.168M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 5067 | $170.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $170.70 | 100 | 1 |
View Market Depth
| Last trade - 16.16pm 29/08/2025 (20 minute delay) ? |
| CBA (ASX) Chart |