omonatheydid | EXODUS NEWS UPDATE

suxaholic.livejournal.com posting in

INSIDERS REPORT ADDITIONAL MEMBERS OF EXO-M LEAVING TO FORM CHINESE GROUP ARE GROUNDLESS RUMORS

Koreaboo has reached out to insiders within the industry, who have revealed that the additional Chinese members of EXO-M have no immediate plans to leave the group and form another in China.

Rumors have been spreading across the internet about members Tao and Lay, attempting to also leaving SM Entertainment, however, the rumors cite insiders’ early knowledge of Jessica being removed from Girls’ Generation and Luhan’s lawsuit against SM Entertainment as credibility.

Several months prior to Jessica being removed from SM Entertainment, rumors were flying of the artist having issues. Prominent Girls’ Generation fan and pseudo-insider, @oniontaker, posted on his Tumblr and Twitter in June, 2014 of the strong possibility that a member might be leaving Girls’ Generation.

In Luhan’s situation, the fact that he would be leaving EXO-M and filing lawsuit against SM Entertainment was the worst kept secret in the industry. Rumors had been flying for weeks, and Chinese fans had even pinpointed the exact dates of the filing of lawsuit (the last day possibly being October 10th). Insiders on television even blatantly “predicted” his leaving.

In May 2013, rumors were already spreading about EXO-M’s Kris leaving the industry and taking a break. Insiders had long revealed that Kris was having problems, heading back home to China and Vancouver for extended periods of times.

Insiders revealed to Koreaboo that it would be impossible for the two members, Lay and Tao to leave so suddenly and form another group with the ongoing legal disputes.

With Luhan citing "health issues due to over-exhaustion in both body and in stress," as one of the major reasons for leaving, it seems contradictory to take on even more stress and battle SM Entertainment on the entertainment field as well as in court.

Luhan was even quoted as saying, “I’m home” in his message after filing lawsuit, further adding to his reasons of wanting to have his health return and take a break from entertainment to focus on his health.

SM IN LEGAL TROUBLE OVER ITS EXO MEMBER LUHAN

On October 10, SM Entertainment stock fell to the daily lower limit of 15 percent to 31,200 won, the lowest level for the past one year. Within just one trading day, the company’s stock value evaporated by 112.6 billion won. The company’s largest shareholder Lee Soo-man also lost 24 billion won in its wake.

Hankyul Law Firm filed a lawsuit with the Seoul Central District Court on behalf of Lu Han, the Chinese-born lead vocalist of EXO-M, a sub-group of the popular boy band EXO, asking for termination of his exclusive
contract with SM Entertainment.

According to lawyers representing the singer, SM Entertainment “discriminated EXO-M members in favor of EXO-K members who are Korean. They were tightly restricted in their everyday life and even given fewer vacation days than their Korean counterparts. In addition, he wasn’t given any explanation on how much costs were spent on his activities and he was just paid income without any itemized deductions. He felt he was paid too little
comparing to the popularity of his group and how hard he has worked for the team.”

Earlier in May, another member of EXO-M Kris had filed a suit to ask for termination of his contract. To this, SM Entertainment made an official statement, “It seems these lawsuits are intended to profit from going solo even though their fame was mostly owing to our investment and effort. We suspect some forces behind the scene that are controlling the youths.”

Debuted in 2012, EXO is a 12-member boy bandT hey are widely popular in Asia including China, Japan, and Thailand. SM Entertainment has suffered legal troubles for months, including Kris, Lu Han, and Jessica of Girls’ Generation who declared a break-up with her agency a week ago. In addition to the worries that the recent travail may shake up the talent agency, others suggested a possibility that the current Korean Wave fever in Asia and elsewhere may fizzle out due to the fracas.

EXO LUHAN’S LAWSUIT DEMANDS 50 MILLION KOREAN WON FROM SM ENTERTAINMENt

Following earlier reports of EXO’s Luhan filing for lawsuit against SM Entertainment for a contract nullification, details regarding the case have been revealed—including the amount of money being demanded.

Several hours ago, breaking news of Luhan suing his agency, SM Entertainment, reached the media through a Chinese news portal, Sina. The reports claimed that the EXO member wanted to terminate an invalid contract.

According to the Seoul District Court, the artist used his birth name Lu Han, and filed for a suit demanding SM Entertainment for 50,000,000 Korean Won (roughly $47,000 U.S. Dollars).

However, the South Korean Department of Justice has not yet distributed or ordered the dividend, as shown in the photo below taken from the Seoul District Court website.

The exact reasons or details on why the lawsuit was filed on behalf of Luhan were not yet revealed at the time, but fans and media have been speculating that it may be due to his health, such as fatigue from recent overworking conditions.

On the other hand, SM entertainment released their first official statement regarding the lawsuit, stating that Luhan had previously expressed his wishes to focus more on individual promotions in China, rather than it being due to health conditions.

Furthermore, Sina, who first announced the news of the lawsuit, followed up with another report on the four reasons why EXO luhan has filed for termination of contract.

Below is a translated English version of the Seoul District Court’s case file information regarding Luhan’s lawsuit.