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The latest update is out from Medibank Private Ltd. ( (AU:MPL) ).
Medibank Private Ltd. is responding to a Federal Court decision regarding a consumer class action linked to a 2022 cybercrime event. The court ruled that Deloitte’s reports were not protected by legal professional privilege, while Medibank’s claims for privilege on other reports were upheld. Medibank plans to appeal the decision concerning the Deloitte reports, which could impact its legal strategy and stakeholder relations.
More about Medibank Private Ltd.
Medibank Private Ltd. operates in the healthcare insurance industry, providing a range of health insurance products and services to consumers. The company focuses on offering comprehensive health coverage and related services to its members across Australia.
YTD Price Performance: 2.58%
Technical Sentiment Signal: Strong Sell
Current Market Cap: $7.78B
See more insights into MPL stock on TipRanks’ Stock Analysis page.