Business
Westpac share price on watch after being hit with flex commissions class action – Motley Fool Australia
The Westpac Banking Corp (ASX:WBC) share price will be on watch on Friday after being hit with a flex commissions class action…
The Westpac Banking Corp(ASX: WBC) share price will be on watch on Friday after confirming that it has been hit with another class action.
What has Westpac announced?
This morning Westpac confirmed that it has been named in a class action brought by law firm Maurice Blackburn in relation to allowing automotive dealerships to charge customers flex commissions on car finance.
Flex commissions allowed automotive dealerships to set the interest rate on car loans above a base rate set by the bank …
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