According to the latest reports by Korean media portals, the Fair Trade Commission (FTC) has launched an investigation against SM Entertainment.
The FTC revealed that they have begun looking into SM Entertainment’s business practices after No Min Woo gave out his opinion and statement to them on June 29th regarding his current dispute with the agency. An official from SM Entertainment was also present and gave out their side of the situation.
The actor’s lawyer said, “Before No Min Woo debuted, SM unilaterally created a contract extension of 17 years. After leaving SM, he began independent activities, but No Min Woo was prevented from appearing on broadcasts.”
No Min Woo made his official debut in 2004 as part of the band The TRAX as the drummer before leaving in 2006 to focus on acting.
Source: Sports Donga