NAB shareholder class action: Why not?

Key Points Applies to shareholders that acquired NAB shares between 1 Jan and 24 Jul 08 Funding and indemnity from International Litigation Funding Partners minimises downside risks Investors can ‘opt out’ but no action means sacrificing your rights Background Two private companies have commenced litigation against National Australia Bank, seeking compensation for damages suffered as a result of buying NAB shares on the basis of various representations made by the company. The plaintiffs action is being taken on their own behalf and potential ‘group members’—those who acquired shares between 1 January 2008 and 24 July 2008 with similar claims...

Two private companies have commenced litigation against National Australia Bank, seeking compensation for damages suffered as a result of buying NAB shares on the basis of various representations made by the company.

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