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Commonwealth Bank pursued in High Court by shareholders

Commonwealth Bank shareholders go to High Court seeking damages for inflated share prices Thu 11 Jun 2026 at 6:54am In short: Commonwealth Bank shareholders are pursuing the institution in the High Court, arguing they should be compensated for the inflated value of shares. Shareholders say the bank failed to inform the market of a $700 million fine, leading to them paying more for their shares. The applicants' bid previously failed in the Federal Court, which found the losses were not...

ABC Australia 3h ago