AMTD IDEA Group (AMTD), AMTD Digital (HKD), AMTD Group and The Generation Essentials Group (TGE), a subsidiary of AMTD Digital, jointly announce that AMTD IDEA Group has commenced legal action against Mr Benjamin Eymere of the Jalou Family, in connection with serious defamatory action against the Group, as well as misconduct including bad faith harassment of the Group's staff and executives. Eymere was a former employee of a subsidiary of the Group, and he was summarily dismissed due to misconduct and mismanagement. He attempted to file an appeal in the Paris Court, but his actions have been continuously dismissed. Eymere's recent actions involving misconduct and bad faith have required AMTD to take legal actions in relation to the Group's L'Officiel and AMTD IDEA brands, which have been recently mentioned in certain press and social media publications. AMTD has already made formal reports to law enforcement authorities in connection with Eymere's present and past misconduct.
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.
