News

April 19, 2025

Exclusive: The Family cofounder Oussama Ammar ordered to pay £6.5m in damages

A ruling by a UK court found Ammar liable for fraud and breach of fiduciary duty

Oussama Ammar, cofounder of French startup accelerator The Family, has been found liable for fraud and breach of fiduciary duty against the organisation by a UK court, and ordered to pay £6.48m (€7.56m) in damages, according to a legal ruling seen by Sifted.

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Daphné Leprince-Ringuet

Daphné Leprince-Ringuet is a senior reporter for Sifted, based in Paris. She covers French tech and writes Sifted's AI and Deeptech newsletter . You can find her on X and LinkedIn

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