1. All of the plaintiffs' claims are dismissed.

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

1. Basic facts

A. On April 30, 2013, the party status was declared bankrupt on April 30, 2013, the Korea Savings Bank Co., Ltd. (hereinafter referred to as “Stock Co., Ltd.”) and the Defendant was appointed as the trustee in bankruptcy.

The Plaintiffs are investors who have acquired non-guaranteed subordinated bonds issued by the Korea Savings Bank over several occasions (hereinafter referred to as "bonds") in bearer bearer bonds issued by the Korea Savings Bank.

B. The plaintiffs acquired bonds 11 times as of June 22, 2007, respectively due to the suspension of business of the Korea Savings Bank. In addition, the plaintiffs acquired one or more of the 12th bonds offered on March 28, 2008 and the 13th bonds offered on April 10, 2009 (in this case, the distinction between the 11th bonds and the 12th bonds and the 13th bonds are meaningful, so the former is deemed to be “the instant bonds” and the latter is deemed to be “the separate bonds” collectively.

(2) On May 6, 2012, the Financial Services Commission decided to suspend business by setting the Korea Savings Bank as an insolvent financial institution.

After that, the plaintiffs asserted that the Korea Savings Bank issued the bonds of this case and separate bonds constitutes incomplete sales, and they applied for dispute mediation to the Governor of the Financial Supervisory Service.

3) On December 11, 2012, in the instant conciliation case, the conciliation was concluded that the Korea Savings Bank paid the Plaintiff the amount of damages indicated in the “Adjustment Amount” column of the attached Table of the calculation statement to the Plaintiff. The foregoing calculation of the “Adjustment Amount” was set up in a manner that the sum of interest on the principal of the bonds is calculated by adding up the amounts calculated by multiplying the amount of damages calculated separately by the calculation method for each vehicle by the ratio of negligence of the Korea Savings Bank (the age, purchase amount, deposit termination, etc. in consideration of the basic fault ratio, the purchase amount, and the deposit termination

The amount related to the damage compensation due to the issuance of the bonds in this case is the amount adjusted in relation to the bonds in this case, and the remaining amount is separate bonds.