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Estée Lauder’s ex-CEO Fabrizio Freda seemingly benefited financially from misleading Chinese sales figures.
Estée Lauder’s ex-CEO Fabrizio Freda seemingly benefited financially from misleading Chinese sales figures.© Studio Pachamama

Spotlight | Estée Lauder
False claims about China sales indirectly enriched ex-boss Fabrizio Freda

Estée Lauder has agreed to pay a $210m settlement to bring to an end a case in which it was accused of communicating false figures about its sales in China to investors. The announcements allowed the beauty giant's former CEO to sell shares at a high profit before taking early retirement.
LogoSubscribers only United States 26.05.2026

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