Court Approves Application Paving Path To Bank Fees Settlement

According to a media release from Maurice Blackburn, the Federal Court has today approved orders to help facilitate settlement negotiations in the bank fees class action against the National Australia Bank.

NAB has publicly indicated its commitment to exploring settlement opportunities, and law firm, Maurice Blackburn Lawyers, worked with the bank in agreeing on today’s orders.

Today, in the Federal Court in Sydney, Justice Jacobson approved orders that will give all NAB customers a further opportunity to participate in this class action, and potentially to recover millions of dollars charged in exception fees.

Between 25 November this year and 27 January 2015, NAB customers who haven’t already registered their interest in joining the class action, will be able to do so.

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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