© Reuters. Credit card is seen in front of displayed American Express logo in this illustration taken, July 15, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) – A corporate regulator filed a civil lawsuit against American Express Co (NYSE:)’s Australian arm on Tuesday, seeking declarations and penalties for alleged breaches of design and distribution obligations.
The lawsuit relates to two credit cards issued by Amex that were co-branded with retailer David Jones, according to the Australian Securities & Investments Commission.
David Jones is owned by South African retail group Woolworths Holdings (OTC:) Ltd.
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