South Korean Court Orders Wemade to Pay Former Employee Approximately $7.14 Million in Outstanding Wages
According to ChainCatcher, citing a report from Nwes1, the Seoul Central District Court in South Korea has issued a partial ruling in favor of the plaintiffs in a compensation lawsuit filed by current and former Wemade employees against the company.
The court ordered Wemade to pay a total of 9.93928 billion KRW (approximately 7.14 million USD) in compensation. In July last year, 27 current and former Wemade executives and employees filed a lawsuit against the company, seeking 16.17648 billion KRW in damages.
One individual who previously worked at Wemade’s subsidiary, Wemade Tree, stated that the company had promised to make payments but failed to fulfill them, which led to the lawsuit.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Gradient open-sources Parallax to promote the implementation of native AI applications
Shipping company OceanPal completes $120 million financing and launches AI project based on NEAR protocol
The Dow Jones Index opened up by 287.62 points at 47,832.21 points.
A certain whale deposited 2.4 million USDC into Hyperliquid and then purchased 49,233 HYPE.
Trending news
MoreCrypto prices
More
