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ASIC Takes Fiducian Subsidiary to Court Over Fund Disclosure Claims

9:09am on Tuesday 16th of December, 2025 AEDT Financial Services
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ASIC Takes Fiducian Subsidiary to Court Over Fund Disclosure Claims

9:09am on Tuesday 16th of December, 2025 AEDT
Key Points
  • ASIC alleges misleading statements in Fiducian Diversified Social Aspirations Fund disclosure
  • Fiducian’s subsidiary FIMS accused of breaching compliance plan and duties
  • FIMS has formally filed a defence in NSW Supreme Court proceedings
  • Fiducian commits to ongoing market updates amid legal process
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