BRIEF-Optus Announces Settlement Of Legal Proceedings Regarding Unconscionable Conduct

Reuters
18 Jun
BRIEF-Optus Announces Settlement Of Legal Proceedings Regarding Unconscionable Conduct

June 18 (Reuters) - Optus:

  • SETTLEMENT OF LEGAL PROCEEDINGS REGARDING UNCONSCIONABLE CONDUCT

  • REACHED A SETTLEMENT WITH AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

  • REACHED A SETTLEMENT WITH AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, INCLUDING A PROPOSED PENALTY OF AUD$100 MILLION

  • SETTLEMENT FOR TO LEGAL PROCEEDINGS CONCERNING UNCONSCIONABLE CONDUCT AND INAPPROPRIATE SALES PRACTICES BETWEEN AUGUST 2019 AND JULY 2023.

Further company coverage: STEL.SI

((Reuters.Briefs@thomsonreuters.com;))

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