Commonwealth Bank of Australia (ASX: CBA) has today been served with a class action proceeding filed in the Federal Court of Australia in Melbourne.

CBA intends to vigorously defend this claim.

The proceeding filed by Maurice Blackburn is on behalf of shareholders who acquired an interest in CBA’s shares between 1 July 2015 and 3 August 2017, and who held some or all of those shares until after 1pm AEST on 3 August 2017.