Attrakt cleared of prices in lawsuit filed by former FIFTY FIFTY members
Okay-pop company Attrakt has been cleared of prices in a lawsuit filed by former FIFTY FIFTY members over alleged breach of belief.
That is in accordance with a press release given to South Korean information outlet Yonhap News at present (March 11) by a consultant from Attrakt, who stated that the Gangnam Police Station in Seoul has “determined to not switch the case of breach of belief filed by former FIFTY FIFTY members Saena, Sio and Aran [with no charges]”, as translated by Soompi.
The Okay-pop company additionally stated that it will “maintain those that deceived the members, who don’t perceive the accounting rules of company funds and inspired them to file a criticism accountable for his or her actions of tampering [with their contracts] till the tip”.
On the identical day, Attrakt additionally introduced the upcoming return of FIFTY FIFTY, with new faces set to hitch remaining unique member Keena in “June or July this 12 months”, per Korea JoongAng Daily. Extra particulars concerning the group’s new line-up and music are anticipated to reach within the coming months.
In August final 12 months, FIFTY FIFTY’s authorized counsel – led by legislation agency Barun – formally introduced that the idols had filed a prison criticism towards Attrakt CEO Jeon Hong-joon for “violating the Act on the Aggravated Punishment, and so on. of Particular Financial Crimes”.
On the time, the group’s 4 unique members Keena, Saena, Sio and Aran claimed that Jeon had been unfairly utilizing the group’s music and album earnings as a method to repay an advance cost debt for StarCrew Leisure, one other music label he owned.
Keena would later drop her lawsuit towards the corporate, return to the label and resume her actions as a part of FIFTY FIFTY. Quickly after, Attrakt would terminate the conracts of the remaining three members, ensuing of their expulsion from the group and firm.
Attrakt would additionally file a separate lawsuit towards the three former members, their mother and father and two executives of manufacturing firm The Givers, Ahn Sung-il and Baek Jin-sil. The label alleged that those that had a lawsuit filed towards them had been concerned within the “unjust” breach of the three Okay-pop idols’ contracts.
FIFTY FIFTY skyrocketed to fame early final 12 months, due to the viral success of their single ‘Cupid’. The music has since turn into the longest charting music by a Okay-pop woman group on the Sizzling 100, besting a document beforehand held by BLACKPINK.