1. All of the instant lawsuits are dismissed.

2. The costs of lawsuit shall be borne by the law firm head;

1. Basic facts

A. The Defendants were indicted at the Seoul Central District Court on suspicion that they committed crimes, such as violation of the Act on the Aggravated Punishment, etc. of Specific Economic Crimes (Fraud), as executive officers of Y Co., Ltd. (hereinafter “Y”) and representatives of “Z” as investment funds management companies of the above companies.

[2] On April 4, 2016, the above court found Defendant U guilty of the following facts of crime (Seoul Central District Court 2015Gohap974, 995, 1010, and 1021). The above court sentenced Defendant V to imprisonment for 13 years, Defendant V’s imprisonment for 7 years, Defendant W, and X, and ordered Defendant V to pay damages to 2,46 persons who are victims of compensation application. Criminal facts (C) Defendant U is the real representative of Y, Defendant V’s director and marketing headquarters, Defendant W’s incidental representative, Defendant AA’s incidental statement, and Defendant X’s private enterprise management of Y’s investment funds, and Defendant C’s name representative of Zz. A.m. in violation of the Act on the Aggravated Punishment, etc. of Specific Economic Crimes (Fraud), which guarantees investment profits to the victim for 2,466 months after March 2015.

However, the Defendants thought that most of the above investments were used for AB investors who had been operated before the Defendants Y, and for the purpose of using the “compacting” for the return of investment deposits to senior investors.

The Defendants, as seen above, were remitted to KRW 138,031,00,000 in total from 2,993 victims, including deceiving the victims.

(b) Any person who violates the Act on the Regulation of Conducting Fund-Raising Business without obtaining authorization or permission, or making registration or report under Acts and subordinate statutes, shall be a business of raising funds from many and unspecified persons in the future.