*New info:
The prosecutors judged that Jung traded shares before the undisclosed information was created. An insider said, “The time at which the information regarding the popular celebrity’s contract leaked is July 15 of last year. This is about a week after the time Jung bought the stocks.”
Another important reason was that Jung did not invest for the purpose of making short-term profit. Jung, who has been receiving bonus cash from the agency, bought the shares on the agency’s recommendation to buy the agency’s stocks. An insider in the prosecution said, “We’ve fully looked at the proof that backs this situation.”
On another hand, the prosecution charged summary indictment to Lee Jonghyun who belongs in the same agency’s same group, fining with 20 million won. According to the Prosecutors, Lee heard the information about the celebrity beforehand and purchased 1,1000 shares of FNC’s stocks right before the stock market opened on July 16. The information was released after the opening of trading at 9:14 am through the press release.
However, Lee still owns much of the stocks he bought, and has only made little profit, thus the punishment ended at summary indictment. The insider said “it is a conclusion based on the size of the purchase and the profit. He has confessed all of his fault and is reflecting.”
In the course of investigating Jung and Lee, staff member Lee (26) and an acquaintance of an associate of the agency, Park (39), were captured for using undisclosed information. Lee was not charged as he earned less than 4 million won, while Park, who profited more than 35 million were summarily indicted with the fine of 40 million won.
