24 June 2009The Commerce Commission's investigation under the Fair Trading Act into ING (NZ) Limited's Diversified Yield and Regular Income Funds is not expected to be completed for at least six months.
22 June 2009A furniture store has pleaded guilty to 28 charges of breaching the Fair Trading Act by providing misleading information about the savings that consumers would make by buying goods on sale. The company has been fined $28,000 plus court costs of $3,640in the Manukau District Court.
22 June 2009A New Zealand department store chain has been found guilty of breaching the Fair Trading Act and was fined $10,000 in the Christchurch District Court today.
19 June 2009A distributor of the Mary Lou doll, an iconic New Zealand wooden toy, is undertaking a voluntary recall of all Mary Lou dolls sold in New Zealand since 1 June 2008.
8 June 2009Another New Zealand office furniture company has been fined for breaching the Fair Trading Act for claiming in advertising brochures that two models of office chairs were made in New Zealand.