Class action mooted

Bankwest has rejected any accusations of wrongdoing after the law firm Slater & Gordon said it was considering a class action on behalf of some of the bank's former customers following the Commonwealth Bank's takeover. Slater & Gordon lawyer Van Moulis said the firm and litigation funder IMF Australia were assessing if a class action was viable after claims some Bankwest borrowers were disadvantaged after it was taken over in 2008. Bankwest said it had acted fairly with all customers and honoured ...

Bankwest has rejected any accusations of wrongdoing after the law firm Slater & Gordon said it was considering a class action on behalf of some of the bank's former customers following the Commonwealth Bank's takeover. Slater & Gordon lawyer Van Moulis said the firm and litigation funder IMF Australia were assessing if a class action was viable after claims some Bankwest borrowers were disadvantaged after it was taken over in 2008. Bankwest said it had acted fairly with all customers and honoured all contractual and credit commitments. CBA recently said there was no basis to concerns Bankwest customers were treated unfairly after the takeover.