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Jeon Hoong Joon has been cleared of expenses in response to Korean information shops.
Listed here are the small print.
ATTRAKT CEO Jeon Hoong Joon Acquitted from Fees Filed by Former FIFTY FIFTY Members
The CEO has been cleared of expenses.
On March 11, Korean information shops reported that the Gangnam Police Station in Seoul determined to not proceed with the grievance filed in opposition to Jeon Hoong Joon.
In line with company ATTRAKT, the discover said that the case of breach of belief, which was filed by former FIFTY FIFTY members Saena, Sio, and Aran again in August 2023, wouldn’t be transferred. The company set free a quick assertion.
“Now we have acquired a discover of the investigation outcomes concerning the case of CEO Jeon Hoong Joon’s betrayal filed by three former members of FIFTY FIFTY, particularly Saena, Sio, and Aran. The case has not been despatched and concluded (no expenses).”
YOU MIGHT BE INTERESTED IN: ATTRAKT Claims $10M From Ex-FIFTY FIFTY Aran, Sio & Saena for Breach of Contract
In August 2023, legislation agency Barun, the authorized consultant of FIFTY FIFTY, shared that the group filed a grievance in opposition to the CEO on the Seoul Gangnam Police Station for allegedly violating the Act on the Aggravated Punishment, and many others. of Particular Financial Crimes (often known as breach of belief).
In the course of the submitting, FIFTY FIFTY members said that the CEO allegedly used the group’s music and their income from album gross sales to provide out a sophisticated cost to StarCrew Ent, an organization that Jeon Hoong Joon owned.
5 months after the grievance, the police determined to not file expenses.
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The company additionally adopted a quick remark, addressing the exterior forces that influenced the members to take motion in opposition to ATTRAKT themselves.
“We’ll maintain accountability to finish the actions of the tampering forces which deceived the members,” ATTRAKT shared. “Them, who didn’t perceive the accounting ideas of company funds and instigated the accusations.”
ATTRAKT Sues Ex-FIFTY FIFTY Members Saena, Sio, Aran for 10 Million USD As a consequence of Contract Breach
In different information, the company has claimed 13 billion gained, which is equal to 10 million U.S {dollars}, from former FIFTY FIFTY members Saena, Sio, and Aran. The rationale for the suing was as a result of members reportedly breaching their unique contracts below ATTRAKT.
Aside from the three idols, the company additionally prolonged its struggle in opposition to the previous members’ mother and father, The Givers, Ahn Sung Il, and Baek Jin Sil, who had been concerned in violating the contract of FIFTY FIFTY. The company gave out an official assertion on December 19, 2023.
“The company filed a civil lawsuit in opposition to FIFTY FIFTY members Saena, Sio, and Aran, alongside their mother and father, The Givers, Ahn Sung Il, and Baek Jin Sil for damages,” the corporate declared. “The talked about ones actively participated in breaching the unique contracts.”
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IN CASE YOU MISSED IT: FIFTY FIFTY Members File Lawsuit In opposition to ATTRAKT to Droop Unique Contracts
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Written by Riely Miller
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