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Yoo Jae Suk loses $530,000 lawsuit

Posted by thewesterngirl33 pts Tuesday, November 3, 2015
Yoo Jae Suk, Kim Yong Man
It's been reported that the nation's MC Yoo Jae Suk has not received a heck of a lot of his rightful earnings from his former company. And he's not about to receive it anytime soon.


Yoo Jae Suk recently filed a lawsuit against his previous company, Storm E&F, asking to receive his unpaid income, but unfortunately, he lost the lawsuit.

On November 3, at the Seoul Central District Court, both Yoo Jae Suk and Kim Yong Man filed a lawsuit requesting the creditors of their former company, SKM Investment to pay a deposit. But this lawsuit was dismissed by the court.

Yoo Jae Suk had earned 600 million won (approx. $530,000 U.S.) during his time with the agency Storm E&F from 2005 to 2010. Kim Yong Man earned 100 million won (approx. $88,000 U.S.). Neither have been paid the amounts that they earned.

SEE ALSO: Police stop multiple people carrying gas guns, tasers, and knives at 'BTS Comeback Live' in Seoul


What are your thoughts?

  1. Yoo Jae Suk
  2. Kim Yong Man
  3. STOM EF
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