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Event Brief

ASIC Sues Players in First Guardian, Shield Collapse

ASIC is suing parties involved in the collapses of Shield and First Guardian, impacting Australians' retirement savings.
WHO: ASIC
WHAT: Suing parties involved in financial collapses
WHEN: Nov 12, 2025 at 7:00 PM ET
WHERE: Australia
WHY: To address the loss of over $1 billion in retirement savings
Sources (1): ABC Australia

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