AMTD Group Sues Jalou Family for Defamation and Damages
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 13h ago
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Source: Newsfilter
- Litigation Background: AMTD IDEA Group has initiated legal action against Benjamin Eymere, alleging malicious defamation and damage to the company's reputation, as Eymere was dismissed for misconduct, prompting AMTD to protect its interests through legal means.
- Acquisition Clarification: AMTD completed the 100% acquisition of L'Officiel in 2022 from Gem Global Yield LLC, emphasizing that the transaction was legitimate and incurred no debt, ensuring L'Officiel's financial stability.
- Legal Actions: AMTD has formally reported Eymere's misconduct to the police, aiming to correct false claims made on social media and in the press, thereby safeguarding its brand image and pursuing legal justice.
- Strategic Determination: AMTD asserts its commitment to relentlessly pursue any actions that damage its reputation, demonstrating a firm stance in legal matters to restore credibility and protect investor interests.
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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.
