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CNBLUE's Yonghwa found innocent, Jonghyun charged fine for insider trading

By yckim124   Thursday, June 30, 2016   368,404   28,802   203
Yonghwa,Jonghyun,Jonghyun

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CNBLUE's Yonghwa has been cleared of charges, while Jonghyun is being penalized for insider trading at FNC Entertainment


On June 30, FNC announced, "Jung Yonghwa and Lee Jonghyun actively participated in the investigation. The final ruling states that there was a misunderstanding with Yonghwa, and he was ultimately found innocent. However, for Jonghyun, he has been fined 20 million Won (~$17,342 USD)." 


SEE ALSO: CNBLUE's Yonghwa investigated for insider trading at FNC Entertainment


It was also reported that Yonghwa and Jonghyun have been under investigation since May for insider trading. Yonghwa was cleared of charges, but Jonghyun admitted to purchasing stock following the signing of a popular celebrity at FNC Entertainment. However, he has only been penalized with a fine as he did not re-sell once he found out that his actions were illegal. 


FNC Entertainment apologized for the controversy as well and promised to improve company management. 

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Tags:

  1. Yonghwa
  2. Jonghyun
  3. Jonghyun
  4. fnc entertainment


sleepingaurora Saturday, July 2, 2016

Its time to forget and move on. what had happened has ended. This problem was not related with their personality and talents. they became great because talents. I dont care about image in public. Yonghwa found innocent, feel unfair if because of this he was hated. Honestly I became more respect for Jonghyun. He was honest and admitted his mistake. there is nothing better than that. his personality not jokes. Hope their activities back to normally soon.

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hearts4 Saturday, July 2, 2016

Insider trading laws are meant to ensure market freedom and aimed at preventing executives from public companies to gain an advantage over investors, not to catch ill-advised or misinformed celebrities. The crime committed is trivial and did not harm anyone directly. They were investigated and punished accordingly, people should just accept the outcome of the entire incident, think of it as a learning opportunity and move on. Stop condemning them for an act that did not affect you. Continue to support them if you still wish to as they are ultimately very talented artists and musicians, and not stockbrokers, or just move on and let go, because this really doesn't affect you.

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autocat_hyk Friday, July 1, 2016

I uderstands ppl have their own bias but I hope those who so called Yonghwa's fans and Jonghyun's fans stop saying SHITS. CNBLUE is a team, a band. And THEY ARE ONE, as we are. Stop spreading false rumours and stop saying things that hurt any member of CNBLUE. Investigation has been done, so just keep calm and support them. ALL OF THEM!

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