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  • Multi-million dollar class action lawsuit against ANZ and ASB to include all affected customers unless they opt-out

Multi-million dollar class action lawsuit against ANZ and ASB to include all affected customers unless they opt-out

A lawsuit filed in New Zealand against the two major banks in September will be allowed to proceed on an opt-out basis, a significant ruling according to lawyer Scott Russell. The case is being jointly funded by Australian litigation funder CASL and New Zealand litigation funder LPF Group.