After a series of strong allegations, Korea’s Fair Trade Commission are investigating claims regarding SM Entertainment’s “unfair” idol contracts.
When singer-turned-actor No Min Woo filed a lawsuit against his former agency in 2014 he also reported the case to the Fair Trade Commission (FTC).
On June 29 the FTC stated that the 29-year-old screen star and SM Entertainment both delivered their positions and opinions on their ongoing his dispute and that an investigation was underway.
No Min Woo debuted with rock band TRAX in 2004 and left the group in 2006. His lawsuit disputes unfair contract terms that spanned a contract period of a huge 17 years which he signed before his debut.
The actor’s legal reps revealed after filing the documents, “Even after he left SM and tried to pursue his own work, the agency blocked his appearances on all television networks.”
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The latest FTC investigation marks yet another blow to SM Entertainment’s reputation surrounding unfair contract terms, which have come to a more prominent light since former EXO members Kris and Luhan filed lawsuits against the agency for similar cases following their departure from the group last year.
The case continues.