Freymond denied doing anything wrong and called Puech's account a fabrication. In July 2024, a Swiss court ruled that he could not be held responsible.
But the audit had found more. Even the roughly 535,900 shares Puech still held in 2013 had vanished over the following decade.
Paris. July 7, 2025.
Magistrates question Freymond. Now he says most of Puech's shares were sold to LVMH more than a decade earlier, and that Puech knew. Puech denies it.
