Min Hee Jin To Personally Address Future Plans Following Lawsuit Win
Koreaboo
Min Hee Jin will hold a press conference to discuss the outcome of her lawsuit against HYBE and reveal her future plans.Summary
Following a court ruling in her favor, Min Hee Jin, CEO of OOAK Records, announced she will hold a press conference on February 25th in Seoul to address the outcome of the lawsuit and outline her future plans. The court dismissed HYBE’s attempt to terminate the shareholder agreement with Min and ordered HYBE to pay her ₩25.5 billion KRW (approximately $17.7 million USD) related to a stock purchase dispute. The legal battle stemmed from Min’s attempt to exercise a put option on her ADOR shares, which HYBE contested. The announcement of the press conference has received a mixed reaction from netizens, with some speculating about the promotion of a new boy group and others expressing fatigue with the ongoing conflict.
(Source：Koreaboo)