#United States #New York #AMTD Group #L'OFFICIEL #Jalou Family

AMTD Takes Legal Action Against Jalou Family

In an ongoing legal battle, AMTD Group Inc. and its subsidiaries, AMTD IDEA Group and AMTD Digital Inc., have recently initiated litigation against Benjamin Eymere, a former employee of the company, and the Jalou family. The suit stems from serious allegations of defamation and malicious slander that Eymere directed towards the AMTD Group, which includes well-known brands such as L'Officiel and AMTD IDEA.

The legal troubles began after Eymere's dismissal from AMTD, due to misconduct and various management failures while working for a subsidiary of the company. Following his dismissal, he attempted to lodge an appeal in a Paris court; however, his requests have been categorically denied multiple times.

AMTD has taken this step to rectify baseless claims and misinformation that recently emerged in certain press releases and social media platforms regarding their brands. The company believes that these claims not only misrepresent the truth but also threaten their reputation and financial stability.

The allegations against AMTD include inaccuracies surrounding the acquisition of L'Officiel in 2022. AMTD asserts that the acquisition was completed under proper legal circumstances and was originally executed through a deal with Gem Global Yield LLC SCS, a member of the Global Emerging Markets (GEM) group. The assertions made by Eymere regarding ownership and the financial health of L'Officiel are explicitly denied by AMTD, which insists that the brand has not incurred significant debt since the acquisition and is, in fact, in a robust financial position.

Moreover, AMTD clarifies that the majority shareholder at the time of the acquisition was GEM, not the Jalou family or Eymere. The company emphasizes these facts to highlight the discrepancies in the information spread by the counterpart involved in this legal dispute.

Additionally, AMTD has filed complaints with law enforcement in response to the ongoing misconduct and harassment by Eymere, reflecting the company's commitment to legal accountability and upholding its corporate integrity. AMTD is dedicated to rectifying every false assertion aimed at it and restoring the public’s trust through legal means. The company expresses confidence that justice will prevail, citing their unwavering adherence to fairness and legal protocols.

In a broader context, this situation underscores the complexities often present in corporate relations, especially in industries as competitive and publicly scrutinized as fashion and media. It exemplifies the need for accurate and responsible reporting in journalism, as misinformation can lead to unjust reputational harm to businesses.

AMTD remains resolute in its objective to pursue legal action against those attempting to harm its reputation unlawfully, ensuring that the truth about their business operations and financials are accurately represented. The ongoing lawsuit against the Jalou family serves as a crucial step in addressing these malicious attacks, thereby safeguarding AMTD's standing in the media landscape.

For more detailed insights into AMTD's operations, visit their official website at AMTD Group. Here, you can find further information regarding their corporate structure and various enterprises, including their involvement in media, hospitality, and digital solutions.

AMTD Group emphasizes its commitment to transparency and fairness; thus, they urge anyone with information related to this case to come forward. The company aims not only to address and counteract false allegations but also to reinforce its corporate reputation amongst clients, partners, and the broader public.