#USA #New York #AMTD Group #L'OFFICIEL #Jalou Family

Legal Battle: AMTD Group vs. Jalou Family

In a significant legal development, AMTD Group Inc. has announced its decision to pursue litigation against Benjamin Eymere of the Jalou family. This action comes in response to serious allegations of defamation and malicious false statements aimed at undermining the integrity of AMTD Group and its subsidiaries, including the prestigious L'Officiel brand.

Background of the Case

The roots of this legal confrontation trace back to Eymere's tenure as an employee at one of AMTD's subsidiaries. Reports indicate that he was terminated without notice due to misconduct and mismanagement. After his dismissal, he attempted to assert claims against AMTD in the Paris courts, but these efforts were consistently dismissed by the judiciary.

In recent months, Eymere has purportedly engaged in activities that reflect professional misconduct and bad faith, prompting AMTD Group to take decisive legal action. This has included defending itself against unfounded allegations and correcting misinformation about the L'Officiel and AMTD IDEA brands that have surfaced in various media outlets and social media platforms.

AMTD’s Stance

AMTD Group is resolute in its commitment to uphold the rule of law and is determined to restore its reputation against any defamatory actions that could harm its standing. The company has officially reported Eymere’s behavior to law enforcement authorities, emphasizing the seriousness of the matter. AMTD’s leadership believes that equitable and just resolutions will prevail, putting an end to all defamatory claims.

Clarification of Misinformation

AMTD Group has taken this opportunity to clarify several inaccuracies propagated by Eymere and the Jalou family:
1. Ownership of L'Officiel: The company asserts that it completed the acquisition of L'Officiel in 2022 from Gem Global Yield LLC SCS (GGY). This acquisition has been documented through official press releases that confirm a successful transaction.
2. Financial Stability: Since AMTD’s acquisition, L'Officiel has not incurred any debt and maintains a solid financial foundation, backed by robust equity.
3. Ownership Misconception: It is important to highlight that GEM was the principal owner during the acquisition, not the Jalou family or Eymere.

AMTD Group expresses its unwavering commitment to pursue any individuals whose actions may jeopardize its reputation or operate outside the bounds of the law. The company is confident that its persistence and principled approach will ensure that justice and fairness ultimately prevail.

What Lies Ahead

As the legal proceedings unfold, AMTD Group stands firm in its values and looks forward to a resolution that reaffirms its dedication to the principles of justice. The group invites stakeholders to stay informed and supports an environment where accurate information is disseminated without fear or favor.

About AMTD Group

AMTD Group is a diversified conglomerate engaged in various sectors, including media, entertainment, education, and luxury goods. The group, along with its subsidiaries like AMTD IDEA Group and AMTD Digital Inc., provides a unique platform that connects businesses with investors globally.

For more updates, visit AMTD Group.