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AAP
AAP
National
Miklos Bolza

GetSwift to pay $18m for 'unlawful PR-driven approach'

Michael Lee Federal Court
The Federal Court has ordered GetSwift and three directors to pay more than $18m in penalties. (Peter Rae/AAP PHOTOS) (AAP)

Former tech start-up GetSwift and three directors have been hit with more than $18 million in penalties for adopting an "unlawful public-relations-driven approach" to attracting investor funds.

In a judgment delivered on Thursday, Federal Court Justice Michael Lee was scathing of the firm's conduct, in which contracts with companies such as Amazon, Commonwealth Bank of Australia, and Yum! Brands - which owns Pizza Hut and KFC - were hyped up through Australian Securities Exchange announcements.

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