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Chiara Ferragni Sued Over Alleged Fictitious Losses in Fenice Srl

Pasquale Morgese alleges that Fenice’s books were manipulated to trigger a €6.4 million recapitalization.

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Overview

  • Pasquale Morgese filed a lawsuit in Milan on June 20 contesting the March shareholders’ meeting decisions and seeking to annul Fenice’s 2023 financial statements.
  • Morgese claims the accounts were prepared to inflate losses, prompting a €6.4 million capital injection by Ferragni that diluted his stake to 0.2%.
  • Fenice Srl faces a €5.9 million damages claim from eyewear company Safilo after its 2023 contract termination and has countersued for €3.65 million.
  • Other potential disputes include mediation with Swinger International over clothing royalties, Angelini’s perfume license termination, and Monnalisa Spa’s contract cancellation request.
  • Ferragni is scheduled to stand trial on aggravated fraud charges on September 23, 2025, as her companies navigate mounting litigation and financial pressures.