Dec 4 (Reuters) - TPG Telecom Ltd TPM.AX :
* INSTITUTED PROCEEDINGS IN FEDERAL COURT AGAINST TPG INTERNET PTY FOR ENGAGING IN MISLEADING CONDUCT ABOUT A $20 ‘PREPAYMENT' MADE BY CONSUMERS
* AUSTRALIAN COMPETITION AND CONSUMER COMMISSION SAYS IT IS SEEKING PENALTIES & COMPENSATION FOR CONSUMERS WHO SIGNED UP FOR THE PLAN
* PROCEEDINGS ALSO FOR UNFAIR PREPAYMENT CONTRACT TERMS IN SOME OF TPG INTERNET PTY LTD'S PLANS Source :(https:// Further company coverage: TPM.AX