Overview

• Proceedings run from October 1 to 22 at the Paris criminal court, with Naouri, three former Casino executives, and publisher Nicolas Miguet in the dock, and the company itself also cited.
• The case features charges of organized market manipulation and private corruption, with Miguet additionally accused of money laundering and insider trading.
• All defendants contest the allegations, as Naouri’s lawyers argue the group faced aggressive speculative attacks and seek his acquittal, while Miguet disputes that his publications could move the market.
• A disputed thread concerns 2018 rumors of a potential Carrefour takeover, with Carrefour’s Alexandre Bompard and banker Matthieu Pigasse previously heard as witnesses during the investigation.
• Casino was restructured and taken over by Daniel Kretinsky in 2024, and current management portrays the case as historical, while the charges carry penalties of up to €500,000 in fines and ten years in prison.