HYBE Corporation will officially file charges against ADOR's CEO Min Hee-jin and associates for professional misconduct.
One of the biggest entertainment agencies of South Korea, HYBE, and its subsidiary label, ADOR, have been embroiled in conflict for the past few days, with the former suspecting the latter of intending to sever ties. ADOR바카라s CEO, Min Hee-jin, and other officials have faced allegations of plotting to assume management rights, escalating tensions between the two entities.
Following revelations, HYBE conducted a sudden audit, and sent a letter requesting ADOR바카라s CEO to step down from her position. Now, on Thursday, April 25, HYBE disclosed the findings from their audit, and affirmed possessing substantial evidence demonstrating that Min Hee-jin and other officials intentionally devised plans to take over the company.
바카라One of the auditees submitted digital evidence containing information about the plan to seize management control and contact outside investors and admitted that they had written documents to attack HYBE during the investigation. According to face-to-face investigations and the conversation record from the submitted digital evidence, the CEO of ADOR instructed the management team to devise ways to pressure HYBE to sell the ADOR shares it holds,바카라 the statement said, as translated by Soompi.
The statement went on to read, 바카라In response to this directive, specific discussions took place on ways to prematurely terminate exclusive contracts with artists and invalidate contracts between the CEO of ADOR and HYBE. Conversations such as, 바카라pull in global funds and make a deal with HYBE,바카라 바카라critically counterattack everything HYBE does,바카라 and, 바카라think of ways to torment HYBE바카라 also ensued.바카라
Records of conversations that were submitted as evidence also hinted at 바카라preparations to win over public opinions in May바카라 as well as 바카라take the artists and leave ADOR an empty shell.바카라 HYBE further claimed to obtain a statement from the auditee that 바카라the ultimate goal is to break ties with HYBE,바카라 which were said by Min Hee-jin herself.
Relying on the evidence gathered, HYBE Labels plans to file charges against Min Hee-jin and all other implicated affiliates of ADOR for professional misconduct and other criminal offenses. Irrespective of it, HYBE will continue to support ADOR바카라s debut group, NewJeans, in every way possible ahead of their comeback in May.
Additionally, a legal representative of ADOR, told media outlets, 바카라An urgent press conference will be held [today] to clarify ADOR바카라s official position regarding the news that was reported today,바카라 adding, 바카라Min Hee-jin, CEO of ADOR, will personally deliver ADOR바카라s position to the press.바카라