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Search results for "violation of the Capital Markets Act"

Lee Seung-gi’s father-in-law gets 3 years, 6 months in prison for KOSDAQ stock-price manipulation

Lee Seung-gi’s father-in-law gets 3 years, 6 months in prison for KOSDAQ stock-price manipulation

Former prosecution investigator identified as the ringleader gets 10 years in prison and a 24 billion won fine
The 'Pearl' trap that disrupted capital markets: Organized market manipulation leaves retail investors hurt The father-in-law of singer and actor 'Lee Seung-gi' was sentenced to prison by a trial court for allegedly manipulating the share price of a KOSDAQ-listed company and pocketing massive...
HYBE Chairman Bang Si-hyuk Summoned Twice for 'Fraudulent Trading' Allegations Related to IPO

HYBE Chairman Bang Si-hyuk Summoned Twice for 'Fraudulent Trading' Allegations Related to IPO

Police Focus on False Disclosure of Listing Plans and Allegations of Acquiring Approximately 190 Billion Won in Undue Profits
Bang Si-hyuk, Chairman of HYBE, has recently confirmed to have undergone two additional summons related to the allegations of 'fraudulent trading' raised during the IPO process. The police suspect that Chairman Bang provided false information to induce a specific private equity fund to sell its...
Bang Si-hyuk, Chairman of HYBE, Appears Before Police Over 'Suspicion of Fraudulent Transactions'... Apologizes for Causing Concern

Bang Si-hyuk, Chairman of HYBE, Appears Before Police Over 'Suspicion of Fraudulent Transactions'... Apologizes for Causing Concern

Allegations of unjust profits amounting to 200 billion won... Investigation into violations of the Capital Markets Act
Chairman Bang Si-hyuk of HYBE appeared before the police on charges of violating the Capital Markets Act. The Financial Crime Investigation Unit of the Seoul Metropolitan Police Agency summoned Chairman Bang as a suspect on the morning of the 15th for questioning.