© Stocksak. FILE PHOTO – Fitbit Inc.’s logo is displayed on the floor at the New York Stock Exchange as the company opens public trading in New York on October 28, 2019. REUTERS/Brendan McDermid/File Photo
(Stocksak) – Australia’s competition regulator has instituted court proceedings against Fitbit LLC (NYSE 🙂 LLC. The LLC was accused of making false or misleading claims about consumers’ guarantee rights for faulty devices.