ABC News Australia
AsiaPac · 5 hrs ago
✦ 78✓ Factual
Commonwealth Bank pursued in High Court by shareholders
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Quality 78/100
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Low partisan intensity — consistent with factual reporting✓ Fair headline
Shareholders are pursuing Commonwealth Bank in the High Court seeking compensation for losses they claim resulted from the bank's failure to disclose material information to the market, which allegedly inflated share values.
Commonwealth Bank pursued in High Court by shareholders
The applicants want compensation for the "inflated value of their shares attributable to the bank's wrongful failure to inform the market".
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