NAB moves to settle class action NATIONAL Australia Bank has moved to settle a multi-million dollar class action over unfair fees. NAB and law firm Maurice Blackburn lodged an application in the Federal Court on Friday to open and close the class action, signalling that they are working to settle the matter. The bank on Wednesday described the move as "a first but significant step" towards a potential settlement. "NAB is doing this because we believe this is the right thing to do for our customers and our business," chief executive Andrew Thorburn said in a statement. The action could see NAB pay out up $40 million to around 30,000 customers, according to the Herald Sun.