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)