Euro Corporation Limited (Euro) has been fined $361,000 for making false or misleading and unsubstantiated representations relating to its earthquake grade steel mesh products, known as SE615.

Auckland District Court Judge M-E Sharp sentenced Euro on 14 charges brought by the Commerce Commission under the Fair Trading Act. Euro pleaded guilty to making false or misleading and unsubstantiated representations for its SE615 steel mesh products which it marketed and sold as being earthquake grade steel mesh (known in the industry as 500E grade) between January 2012 and August 2015.

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