AMTD Group Initiates Legal Action Against Jalou Family for Defamation and Malicious Falsehoods
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 15h ago
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Source: PRnewswire
- Legal Action Initiated: AMTD IDEA Group has filed a lawsuit against Benjamin Eymere for malicious defamation and harassment, demonstrating the company's strong commitment to protecting its brand reputation.
- Acquisition Background Clarified: AMTD successfully acquired 100% of L'Officiel in 2022, ensuring the brand's financial strength without incurring any commercial liabilities, reflecting its robust market position.
- Shareholding Structure Explained: AMTD emphasizes that the primary shareholder in the acquisition of L'Officiel was GEM, not the Jalou family, further clarifying misconceptions about control and protecting the company's image.
- Ongoing Legal Pursuit: AMTD asserts it will relentlessly pursue any actions that damage its reputation, showcasing its firm stance on legal matters and commitment to justice.
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About AMTD
AMTD IDEA Group, formerly AMTD International Inc, is an investment holding company principally engaged in the strategic investments. The Company operates its business through three segments. The Strategic Investment segment engages in proprietary investments and the management of investment portfolios mainly focusing on financial services and asset classes. The Investment Banking segment is involved in raising funds through equity and debt financing, providing underwriting for initial public offerings (IPOs), private placements and debt issuances and providing financial advisory services. The Asset Management segment provides asset management products and services, including in relation to listed equities, fixed income securities, hedge funds, structured products, foreign exchange, private equities, alternative investments, discretionary account services, investment advisory services and external asset management services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
