[talk] Chenbexi sues SM executives!

Conflict intensifies over SM-EXO-CBX's contract agreement

Chen Baek-si side: "We did not keep the promised commission rate of 5.5%"

SM Co-CEO Tak Young-jun, etc. sued and reported for fraud

SM files lawsuit claiming performance of contract… “Exclusive contract is valid”

According to the legal and entertainment circles on the 26th, the members of Baekhyun and their agency INB100 filed a complaint and indictment against SM Entertainment CAO Lee Sung-soo and co-CEO Tak Young-jun at the Seongdong Police Station in Seoul the previous day for violating the Act on the Aggravated Punishment, etc. of Specific Economic Crimes (fraud).

https://www.newsis.com/view/NISX20240626_0002787259