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The Federal Court has dismissed two shareholder class actions against the Commonwealth Bank of Australia. We explore the impacts of Justice Yates' findings. Key takeouts A company will only be judged on information that it was actually or constructively "aware" of at the relevant time – notwithstanding hindsight later demonstrates investigations could have identified that information.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.