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Home > News > KOSDAQ Company Sues KBS for 10 Billion Won

May 21st, 2007

KOSDAQ Company Sues KBS for 10 Billion Won

Abstract:
A KOSDAQ-listed company, "Planet 82," and its CEO Yoon Sang-jo, sued two KBS producers who made an investigative program speculating on the company's possession of nano-image sensors. Planet 82 filed a defamation suit in Seoul Southern District Court on May 21 against the producers and the broadcasting station for statements they made about the company and its technology, seeking 10 billion KRW and the broadcast of a correction.

In its statement, Planet 82 said, "The technology in question was certified by the Korean Intellectual Property Office in the past. Companies that agreed to jointly develop the technology further may cancel the contract with us due to this TV program. Our stock price dropped, too, causing us to bear a financial loss."

Source:
english.donga.com

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