More than 45,000 Australians have received their share of a $49.5 million settlement against National Australia Bank (NAB) after the bank allegedly sold them “junk” insurance, law firm Slater and Gordon announced.
In September 2018, Slater and Gordon launched a class action against NAB following allegations that the bank mis-sold insurance for credit cards and personal loans to vulnerable customers. The bank settled the lawsuit in November of last year.
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