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On The Record

Defence of superannuation class action

Defence of superannuation class action

CBA acknowledges class action proceedings filed by Slater and Gordon against Colonial First State Investments Limited.

Commonwealth Bank of Australia (ASX: CBA) acknowledges that class action proceedings concerning investment in cash and deposit options in certain funds have been filed by Slater and Gordon in the Federal Court of Australia against Colonial First State Investments Limited (CFSIL), a subsidiary of CBA. CBA is also a respondent in the proceedings.

CFSIL and CBA will vigorously defend the proceedings.

We will keep the market informed of developments.