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News >> Consumer Protection

Banks Fined for Potentially Misleading Advertising

18 Sep 2014
Written by World Watch

The Australian Securities and Investments Commission (ASIC) has announced that it has fined the following financial services providers for making potentially misleading representations to consumers:

Published in Consumer Protection

The Association for Progressive Communications (APC) has released the press brief Facebook, Twitter & YouTube - What are you doing about Violence Against Women? (August 2014) which sets out APC-developed research into the corporate policies of the global social media platforms Facebook, Twitter and YouTube to "analyse each platform's mechanism for identifying, reporting and rectifying incidents of harassment or [violence against women]".

Published in Consumer Protection

The Federal Court of Australia (FCA) has handed down its judgment in Australian Competition and Consumer Commission v Safe Breast Imaging Pty Ltd (No 2) [2014] FCA 998 (16 September 2014). According to the Australian Competition and Consumer Commission (ACCC), the FCA has fined Safe Breast Imaging Pty Ltd (SBI) and its sole director Joanne Firth A$200,000 and A$20,000 respectively in relation to false representations made by SBI in breach of Schedule 2 (The Australian Consumer Law) to the Competition and Consumer Act (2010) 1974 No. 51 (Cth).

Published in Consumer Protection

The United States Federal Trade Commission (FTC) has announced that Google has agreed (undated) to settle charges (undated) relating to its billing of consumers via mobile apps downloaded from Google's Play store for Android mobile devices.

Published in Consumer Protection

The United States Environmental Protection Agency (EPA) has announced that the following pesticide companies that share a common owner have agreed to pay a total of US$74,513 in penalties to "settle allegations related to the production and distribution of unregistered and misbranded pesticides":

The United Kingdom Financial Conduct Authority (FCA) has announced that it has fined (27 August 2014) The Royal Bank of Scotland and National Westminster Bank £14,474,600 for "serious failings in their advised mortgage sales business".

Published in Consumer Protection

The Australian Competition and Consumer Commission (ACCC) has announced that it has accepted an enforceable undertaking (18 August 2014) under the Competition and Consumer Act (2010) 1974 No. 51 (Cth) from Maggie Beer Products Pty Ltd (Maggie Beer), in relation to various allegedly misleading place of origin representations that it made on the labelling of its products, to the public, and in correspondence with retailer Woolworths.

Published in Consumer Protection

The New York State Office of the Attorney General (OAG) has announced that Macy's Retail Holdings (Macy's) has agreed to pay US$650,000 and undertake various measures to address "complaints of profiling and false detentions at Macy's flagship store in Manhattan's Herald Square".

Published in Consumer Protection

The United States Federal Trade Commission (FTC) has announced that Robert Titzer, the creator of the purportedly educational product "Your Baby Can Read", and his company The Infant Learning Company have settled charges that they "made baseless claims about the effectiveness of the ... program and misrepresented that scientific studies proved the claims".

Published in Consumer Protection

The United Kingdom Financial Conduct Authority (FCA) has announced that its review of more than 1,500 financial promotions for consumer credit products has found that some are "still falling short of [the FCA's] rules[,] and firms need to do more to ensure that advertisements do not mislead consumers".

Published in Consumer Protection
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