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Finance |
10.20.2022 19:30Press release, october 20th, 2022
As part of the investigation of the derogation mechanism on the French market , one of Legrand’s French entities has been indicted and ordered to provide security in the amount of €80.5 million.
Neither this indictment nor the ordering of this security mean that Legrand will ultimately be found guilty of any wrongdoing.
Legrand rejects that these proceedings have any merit and intends to vigorously demonstrate that its trade policy is in full compliance with the applicable law.
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