The former principal individual shareholder of the leather goods manufacturer has filed a civil suit in Paris against the world’s leading luxury goods company and its CEO. He accuses them of having played a role in the disappearance of nearly six million Hermès shares that he had entrusted to his former wealth manager, Swiss national Eric Freymond. LVMH denies any involvement.
The case of the disappearance of Nicolas Puech’s Hermès shares has taken a sensational new turn. And one that stands out in the usually very secretive world of luxury goods.
On Tuesday, December 2, the Reuters news agency revealed that it had learned that the great-grandson of the founder of the Hermès group, brother of Bertrand Puech and cousin of the late Jean-Louis Dumas, had filed a civil lawsuit against LVMH and its CEO, Bernard Arnault.
Six million Hermès shares vanished
Claiming the hefty sum of €14 billion against them, he accuses them of having played a role in the disappearance of the six million Hermès shares he owned and had entrusted to his former wealth manager, Swiss businessman Eric Freymond.
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Featured photo: © DR
