BTS label HYBE faces big blow as stocks plummet amid Min Hee Jin feud; may request Investigation into ‘misconduct’
Hindustan TimesThe authority battle between HYBE and Min Hee Jin has intensified, causing shareholders to bear the brunt as stock prices for Bang Si Hyuk led label plunge to new lows. BTS label HYBE faces big blow as stocks plummet amid Min Hee Jin feud; may request Investigation into ‘misconduct’ HYBE stocks stocks plummet amid Min Hee Jin battle On May 13, the same day an email citing NewJeans’ parents' claims about HYBE’s alleged misconduct and exploitation surfaced, HYBE's stock price plummeted by 7,700 won, reaching the 190,000 won range as reported by All Kpop. The request also targets CEO Min Hee Jin and other executives, alleging they conducted illegal trades to manipulate the stock price. Earlier reports surfaced citing HYBE's selection of a new ADOR CEO and entire management team, with plans to remove Min Hee Jin from her position.