South Korea Refers HYBE Chairman Bang Si-Hyuk to Prosecutors Over IPO Allegations
South Korea’s financial watchdog has decided to refer Bang Si-hyuk, chairman and founder of K-pop powerhouse HYBE, to prosecutors over allegations that he misled investors ahead of the company’s initial public offering (IPO). This marks the most serious level of enforcement under the country’s Capital Markets Act. According to Korean media reports and financial authorities, […]
