The Boyz, Cha Ga-won (CEO) files lawsuit... One Hundred Label refutes: "For the sake of tarnishing reputation" [Star News]

*This content was translated by AI.

One Hundred Label (hereinafter "One Hundred Label"), the agency of The Boyz, has firmly denied allegations that the group filed a criminal complaint against Cha Ga-won (CEO) for embezzlement, calling it "malicious manipulation of public opinion."

In an official statement released on the 21st, One Hundred Label stated, "We can no longer tolerate the factual distortion and malicious manipulation of public opinion by the artists' legal representatives," adding, "The complaint itself contains legally contradictory claims."

The agency first pointed to the rejection of case consolidation during the police investigation as evidence. One Hundred Label explained, "The Yongsan Police Department requested that the case be merged into the Seoul Metropolitan Police Agency's General Investigation Division's Financial Crime Investigation Team, but the request was rejected." The agency argued that the refusal by an investigative team including legal experts demonstrates the lack of legal validity in the complaint.

Lawyer Hyun Dong-yeop stated, "It appears that the mere fact of the complaint by The Boyz's legal representatives was insufficient to establish the property's status as belonging to another party." He further added, "This confirms that the complaint is legally baseless and appears to be filed solely for the purpose of tarnishing the agency's reputation."

Additionally, the agency emphasized that an accounting audit found no evidence of embezzlement. One Hundred Label stated, "Analysis of accounts through an accounting firm and a comprehensive audit revealed no instances of misappropriation or embezzlement." The agency also announced, "We will take legal action, including filing a false accusation charge, against the baseless criminal complaint."

The agency further identified the artists' legal representatives as the root cause of the escalating conflict. One Hundred Label stressed, "False and malicious information has been deliberately spread against some members, severely damaging the trust relationship between the artists and the company."

The agency also highlighted that all exclusive contract payments and settlement funds have already been disbursed. One Hundred Label stated, "We have paid substantial advance payments and settlement funds to the members, and future plans have been transparently established." The agency added, "We fully support The Boyz's complete group activities with all 10 members."

Finally, One Hundred Label declared, "We will not compromise with unjust actions that incite artists to attack the company." The agency concluded, "We will reveal the truth in court and protect our reputation."

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*This content was translated by AI.