9 members of THE BOYZ have reportedly notified their company ONE HUNDRED of contract termination.

On March 19, THE FACT reported that Sangyeon, Jacob, Younghoon, Hyunjae, Juyeon, Kevin, Q, Sunwoo, and Eric—9 members of THE BOYZ excluding New—despatched a certificates of contents to ONE HUNDRED CEO Cha Ga Received again in February, notifying her of termination of their unique contracts on account of breach of belief past restore on account of violation of their contracts. Negotiations have been underway for roughly one month, however the efforts have fallen via.

Though THE BOYZ despatched a request to entry the contract and fee particulars together with the certificates of contents since February, CEO Cha Ga Received didn’t present these for over a month and didn’t present a proof. Within the strategy of negotiations, CEO Cha Ga Received counterclaimed the members’ negligence, demanding to be paid penalty charges for breach in contract in the event that they wish to terminate their contracts.

THE FACT additional reported that member New determined to stick with ONE HUNDRED for undisclosed private causes. The outlet beforehand reported that ONE HUNDRED has but to pay billions of gained (tens of millions of {dollars}) for the reason that third quarter of final yr, even taking out and utilizing the 150 million gained (roughly $100,000) in deposit cash for the group’s dorm. Though THE BOYZ is scheduled to carry a live performance on the KSPO Dome from April 24 to 26, the company didn’t present a observe room, leaving the members to lease out observe rooms with their very own cash and even paying the prices for quite a few workers members.

Along with ONE HUNDRED, CEO Cha Ga Received’s different music labels Large Planet Made and INB100 are all in states of capital impairment with tens of billions of gained (tens of tens of millions of {dollars}) of unpaid settlement. Primary types of assist together with transportation assist for artists has halted, leading to artists attending scheduled actions of their private autos.

Keep tuned for updates.

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