Bank class action plaintiffs reveal settlement offer
Select committee hears submissions on controversial retrospective legislation protecting ANZ and ASB.
Davey Salmon KC, counsel for plaintiffs in the class action against ANZ and ASB.
Plaintiffs in a class action against ASB and ANZ have offered to settle their claims against the banks for around $300 million each, Parliament has heard.
In combative submissions to the finance and expenditure select committee, the litigants said retrospective law changes threatening their claim
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