1. All the plaintiffs' claims against the defendant are dismissed.

2. The costs of lawsuit are assessed against the plaintiffs.

1. Basic facts

A. The Defendant is a company established for the purpose of advisory and marketing of investment information, and operates so-called crowdfunding to provide investment information to investors who have joined the Defendant’s Internet homepage (htp:/op reported unit.co. Ltd.; hereinafter “instant website”) and mediating investors and applicants for investment to provide financial services related to the grant of funds. The Plaintiffs are investors who have joined the instant website as members.

B. The outline of the operation of crowdfunding provided by the Defendant is as follows.

(1) The Defendant shall examine the applicant for investment and publish the investment information on the instant website.

(2) An investor registered as a member on the instant website shall peruse the investment information posted, determine whether to make an investment in the applicant, and indicate his intent to make an investment in the form of a tender, and deposit the amount equivalent to the said amount in the Defendant’s deposit account.

(3) Once the investment and amount of the investor becomes final and conclusive in the form of a successful bid, a credit company designated by the Defendant (hereinafter “foreign company”) shall lend the total amount of investments finalized by the Defendant to the applicant for investment, and the Defendant shall acquire the right to receive the principal and interest corresponding to the amount invested by the investor from the non-party company and transfer it to the relevant investor.

Since then, when the non-party company receives the principal and interest of the loan from the applicant for investment, the defendant shall receive the money equivalent to the right to receive principal and interest on behalf of the investor and deduct the fees from the investor.

C. On June 2012, the Defendant examined the support media for a corporation (hereinafter “support media”) that filed an application for investment of KRW 80 million in order to raise funds for production of 210,000 of “official male content” with the Defendant, and then on the instant website’s support media.