The Lorna Jane womens activewear manufacturer and retailer has been ordered by the Federal Court to pay $5 million in penalties for making false and misleading representations to consumers, and engaging in conduct liable to mislead the public in connection with the promotion and supply of its LJ Shield Activewear.
Six subsidiaries of media firm Nine Entertainment have paid penalties totalling $159,840 after the competition regulator the ACCC issued them with 12 infringement notices for allegedly charging subscribers and advertisers excessive payment surcharges.
Payment redirection scams were the most financially damaging scams for Australian businesses in 2020 according to the competition watchdog, the ACCC’s latest targeting scams report.
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