This article is part of our coverage of EXO-CBX Leaves SM Entertainment. You can read more and view the entire timeline here.
EXO-CBX (Chen, Baekhyun, Xiumin) have filed a lawsuit against SM Entertainment‘s CEO for fraud.
According to an exclusive report from Newsis, EXO-CBX and INB100 filed a complaint on June 25 with the Seongdong Police Station against SM Entertainment’s CAO (Chief Administrative Officer) Lee Sung Soo and co-CEO Tak Young Jun, for violating laws related to economic crimes. The basis of their complaint is related to the negotiated distribution fee versus what was required to be paid in reality.
Previously, INB100 stated they would file a lawsuit against SM Entertainment for their improper distribution system. Now, the lawsuit has actually been filed.
EXO-CBX Files Lawsuit Against SM For Unfair Profit Distribution
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