Due to previous reports claiming that girl group SNSD would be standing before the Fair Trade Commission with regards to allegations made by former labelmates TVXQ, SM Entertainment has just revealed that those reports are merely groundless rumors. Representatives of SME spoke with Star News on the morning of November 15th and stated, "Reports of SNSD testifying to slave contracts next month are completely unfounded. We have never heard of anything like that, and additionally, nothing is confirmed." Representatives of the Fair Trade Commission have also denied the reports, stating, "SNSD will not be making an appearance. It is not something for us to decide anyway, as it is up to their agency, SME." The rebuttal came after a flurry of media reports earlier today claiming that SNSD will be appearing in the courts to testify against the 'slave contract' allegations. Source: Star News