1. The Defendant: (a) from August 9, 201, to Plaintiff A, KRW 477,040,219, KRW 77,664,216, and each of the above amounts.

1. The summary of the case is that the plaintiffs, who entered into a discretionary investment contract (hereinafter referred to as the "instant discretionary investment contract") equivalent to approximately KRW 3.7 billion in total with the No.S. In addition to a discretionary investment contract (hereinafter referred to as "the instant discretionary investment contract") operated by the No.S. Investment Advisory Co., Ltd. (hereinafter referred to as the "No.S.") with employees of the defendant, a securities company that entered into a usual transaction, did not explain the risk of the said discretionary investment contract, and the defendant's employees did not explain the risk of the said discretionary investment contract, and requested the conclusion of the said discretionary investment contract which is not appropriate for the plaintiffs to seek compensation for damages against the defendant by entering into a discretionary investment contract with

2. On March 201, 201, Plaintiff A requested the employees of Defendant C Branch to recommend goods that may invest funds to D, and D introduced the instant discretionary investment contract, which is operated by the Company for the Settlement of Funds.

The instant discretionary investment contract is to pay 50% of the excess amount to the HOSPI200 index futures option in the case where the customer has invested the funds in the KOSPI200 index futures option and calculated an earning rate on a monthly basis, and where there is a profit exceeding 1% of the base earning rate, 50% of the excess amount shall be paid to the HPS Co., Ltd.

D On March 31, 2011, it presented to Plaintiff A an investment proposal (No. 2) prepared by the AFABA and explained the content of the instant discretionary investment contract.

In addition, on April 7, 201, the plaintiff A and the defendant C branch set the number of employees to be the KFF Co., Ltd.

Plaintiff

A on April 7, 2011, at the defendant C Branch, decided to hear the explanation of the instant discretionary investment contract and conclude the contract with the E, the employees E who will be in charge of the instant discretionary investment contract.

E also presented the investment proposal and explained it.

Accordingly, the plaintiff A entered into the instant discretionary investment contract with the Securities and Exchange Co., Ltd. on the same day, and entered into the options trading account with the defendant.

Before entering into an account opening agreement, the Defendant.