According to the investment banking (IB) industry on the 14th, Hybe plans to submit a petition to the Financial Supervisory Service (FSS) requesting an investigation into Deputy CEO S on charges of violating the Capital Markets Act, such as spreading rumors and using undisclosed information. At the same time, Hybe decided to request the FSS to investigate other ADOR executives, including CEO Min Heejin. Hybe stated that the reasons for the investigation were charges of committing fraudulent transactions, such as spreading false information that an artist belonging to Hybe's label plagiarized another artist in order to negatively affect the stock price, and causing damage to investors through market manipulation.
Hybe's side filed a complaint, believing that the fact that ADOR's vice-president S sold all 950 shares of Hybe stock worth 200 million won (~146K USD) that he held on April 15 was done using undisclosed information. The timing of Vice President S's stock sale was a day before ADOR executives, including CEO Min Heejin, sent the so-called 'second email' raising various suspicions, including Hybe's poor management and discriminatory treatment of ADOR. Hybe's side suspects that Vice President S disposed of all of the stock the day before, believing that it would be inevitable that Hybe's stock price would fall if a public opinion war began with the email. Deputy CEO S is considered an insider as he is an executive of a subsidiary of Hybe under the law.
[...]
original post: here
1. They're really gone crazyㅋㅋ
2. Shouldn't it be the other way around?
3. ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ They're sh*tting all over themselves with their own mouth
4. Public opinion? Who's the one who went to the media before the email was even sent? And the fact that they consider another artist plagiarizing NewJeans "spreading false information" ㅋㅋㅋㅋ Seriously it's true that they messed up the moment they dealt with that internal email
5. Did they forget that they brought themselves to this point due to their own actions? You guys are the ones who went to the media first....
6. What the? You guys are the ones who went spreading articles around and crashed your own stocks first ㅋㅋㅋㅋㅋ
7. ㅋㅋㅋ Aigo
8. ??? This is so dumbfounding ㅋㅋㅋㅋㅋㅋㅋ But at the same time, it's just like Hybeㅋㅋ
9. Let's investigate Hybe at the same time
10. Isn't Hybe the one who should get investigate? ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ
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