The Boyz's side "Never received settlement"..Rebuttal to One Hundred Label's claim regarding 'Cha Ga-won (CEO)' [Full Text]

*This content was translated by AI.

The Boyz's side rebutted One Hundred Label's claim that the settlement has been completed.

On the 22nd, Kim Moon-hee, a lawyer at Yulchon Law Firm representing the legal counsel for The Boyz members Sangyeon, Jacob, Younghoon, Hyunjae, Ju-yeon, Kevin, Q, Seonwoo, and Eric, stated in an official position: "We clearly inform you that all artists have not received any funds, including unpaid settlements for the 3rd and 4th quarters of 2025, as of the time the agency's official statement 'The agency has completed payment of settlement funds to the artists' was released, and even to this day."

He continued, "The artists have had payment deadlines postponed and reversed multiple times even before the application for a provisional disposition, and there has never been a single instance of normal payment. In particular, even during the response process to the artists' application for a provisional disposition to suspend the effect of their exclusive contracts, the agency repeatedly specified payment deadlines and stated that it would pay the settlement funds and late damages by those deadlines, yet no actual payment has been made at all."

Furthermore, Lawyer Kim stated, "It is deeply regrettable that an official statement claiming 'settlement completed' was released despite the fact that no settlement payments have been made at all. We hope that in the midst of ongoing legal proceedings, conflicts and fatigue do not spread due to definitive claims that differ from the facts."

He then emphasized, "The agency's actions of misleading public opinion based on content that differs from the facts or repeatedly making groundless accusations against the artists and their legal counsel must be stopped immediately. If such actions continue, the artists will respond strictly, including taking civil and criminal measures that are legally possible."

Previously, The Boyz signed a contract with One Hundred Label in December 2024, but in February, the nine members filed an application for a provisional disposition to suspend the effect of their exclusive contract with the agency. The members claimed that the agency has not only failed to pay settlement funds since July last year but also infringed upon their right to inspect accounting data to verify the transparency of the settlement.

It is also reported that One Hundred Label Cha Ga-won (CEO) was criminally prosecuted on suspicion of violating the Act on the Aggravated Punishment of Specific Economic Crimes (embezzlement).

In response, One Hundred Label stated, "The Boyz's claim of suspicion of violating the Act on the Aggravated Punishment of Specific Economic Crimes (embezzlement) is false. Our company has faithfully fulfilled its settlement obligations to The Boyz."

Hello. I am Kim Moon-hee, a lawyer at Yulchon Law Firm.

Representing The Boyz members Sangyeon, Jacob, Younghoon, Hyunjae, Ju-yeon, Kevin, Q, Seonwoo, and Eric (hereinafter 'artists'), we hereby announce the artists' official position regarding the official statement of ㈜One Hundred Label (hereinafter 'the agency') dated the 21st, 2026.

We clearly inform you that all artists have not received any funds, including unpaid settlements for the 3rd and 4th quarters of 2025, as of the time the agency's official statement 'The agency has completed payment of settlement funds to the artists' was released, and even to this day. The artists have had payment deadlines postponed and reversed multiple times even before the application for a provisional disposition, and there has never been a single instance of normal payment. In particular, even during the response process to the artists' application for a provisional disposition to suspend the effect of their exclusive contracts, the agency repeatedly specified payment deadlines and stated that it would pay the settlement funds and late damages by those deadlines, yet no actual payment has been made at all.

It is deeply regrettable that an official statement claiming 'settlement completed' was released despite the fact that no settlement payments have been made at all. The artists' side takes this matter seriously for causing unnecessary confusion and concern to fans and relevant parties due to claims that differ from the facts, and we ask for your understanding. In particular, we hope that in the midst of ongoing legal proceedings, conflicts and fatigue do not spread due to definitive claims that differ from the facts.

Additionally, the criminal complaint filed by the artists is currently under investigation through proper legal procedures, and the artists are faithfully cooperating with the investigation procedures, including submitting necessary materials, in response to requests from law enforcement authorities. We have officially confirmed that the Yongsan Police Station decided to transfer the case to the Seoul National Police Agency's Financial Crime Investigation Division on April 20. The investigative agency is determined based on whether formal requirements are met, not on the substance of the case; therefore, debating the legal validity of the complaint facts while discussing the investigative agency is merely an attempt to mislead public opinion. The agency's legal counsel must clarify whether they reviewed the case and refused a request for consolidation at the Financial Crime Investigation Division less than a day after the transfer decision was made on April 20, and how and through what channels such facts were confirmed. If the agency's legal counsel received official secrets due to inappropriate contact with the police, those involved must bear corresponding responsibility. The artists expect that the facts will be clearly confirmed and appropriate dispositions will be made through the proper procedures of law enforcement authorities.

We inform you that the agency's actions of misleading public opinion based on content that differs from the facts or repeatedly making groundless accusations against the artists and their legal counsel must be stopped immediately. If such actions continue, the artists will respond strictly, including taking civil and criminal measures that are legally possible.

Currently, the dispute regarding the effect of termination of the exclusive relationship between the artists and the agency will be subject to the court's judgment through the provisional disposition case, and the criminal complaint will also be subject to legal judgment according to the investigation procedures. Rather than repeatedly making one-sided claims through the media with false facts and definitive expressions, we hope that the parties will faithfully cooperate with the legal procedures to enable a swift judgment and resolution. The artists' side will also do its best to ensure that the relevant matters are resolved as soon as possible.

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*This content was translated by AI.