News: IMF IMF Bentham says is investigating potential class action against CBA, page-14

I see your point, Denk12. However, weren't they regulated and had agreed to report on these specific transactions? It could be argued that is part of their regulated responsibility to maintain their license to the exclusion of fly by night operators. They have enjoyed Govt protection during the GFC and have a special place in Australia's economy which provides both protection and responsibility. You can see I'm not holding any bank shares atm☺️

Though I share you concerns re a long drawn out and expensive litigation against a top 10ASX company. The ANZ debacle is still a little too fresh for me as well.