【FIC Global Inc.】Announcement: Subsidiary Received Indictment from Taiwan Taipei District Court Civil Division
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A consolidated subsidiary of FIC Global Inc. has been sued by the Ministry of National Defense in the Taipei District Court. The lawsuit seeks the return of payment, punitive damages, and interest, totaling approximately NT$38.38 million, after the subsidiary allegedly delivered products from mainland China in violation of rules of origin for a bulletproof fiber fabric procurement case, leading to contract termination.