ASIC’s penalty against Squirrel Super ‘might be a bit light on’, court says

ASIC 2022-03-15 3:15 pm By Sam Matthews | Melbourne

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A judge has questioned the $55,000 penalty jointly proposed by the parties in ASIC’s case against fintech company Squirrel Super over misleading statements about returns on property statements, saying it “might be a bit light on.”

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