KOAS

Retirement Pay Lawsuit Dismissed, Company Wins with No Financial Burden


  • Seoul Southern District Court dismissed all claims of plaintiffs Noh Jae-geun and Noh Hyung-woo in the retirement pay lawsuit, ruling in favor of the company.
  • The judgment results in no financial liability for the company, and litigation costs are to be borne by the plaintiffs.
  • The company will continue legal proceedings as needed based on the plaintiffs' future actions.
  • [AI Summary]The company's complete victory in the retirement pay lawsuit eliminates potential unexpected financial losses. This reduces short-term stock price risk and is expected to positively impact management stability.

KOSPI Filing Information


  • Judgment/Decision on Lawsuits, etc. (Claims of a Certain Amount or More)
  • Company: KOAS (071950)
  • Submission: KOAS CO., LTD
  • Under KRX KOSPI Market Division

  • Shares: 12,459,195
  • Price: 1,827 KRW
  • Market Cap: 22.8 B KRW