Kang Daniel Sues Agency Shareholder Over $7M Contract Dispute

Seoul, South Korea - In a significant legal move, K-pop star Kang Daniel has lodged a formal complaint with the Seoul Metropolitan Police Agency, alleging criminal law violations and fraud.

According to YTN, the complaint targets "A," the majority shareholder (about 70%) of Kang's agency, KONNECT Entertainment, over a disputed ₩10.0 billion KRW (approximately $7.38 million USD) advance distribution contract.

Kang Daniel asserts that he incurred substantial financial losses when shareholder A allegedly forged his identity and misused the company seal to finalize the lucrative contract in December 2022.

This unauthorized action has prompted Kang to seek legal redress, highlighting serious concerns about internal malpractices within his agency.

Kang Daniel, who founded KONNECT Entertainment in 2019 and has served as its CEO, is expected to part ways with the agency as his exclusive contract concludes next month.

This development marks a potential turning point in Kang's career as he navigates his future outside the framework of the agency he established.

READ MORE: Kang Daniel Called Out Amid Yuju's Recent Status - What Happened?

The complaint has brought to light underlying tensions within KONNECT Entertainment.

Recently, the agency faced backlash from fans for inadequate promotion of another artist, YUJU.

This criticism has intensified scrutiny on KONNECT's management practices and overall operational integrity.

Kang Daniel's decisive action against the majority shareholder not only underscores his commitment to transparency and accountability but also raises questions about the agency's future direction and leadership stability.

HERE ARE SOME OF THE NETIZENS' REACTIONS:

Niel, man, he worked so hard to build this agency. You guys are so mean!

No wonder he disappeared for 2 months He could be traumatized by this, his trust issues are getting worse, especially with the same kind of case like Lemon. Stay strong, Niel

Daniel is a good person, but his agency has never treated him well. Even though it's his own agency, the higher-ups are problematic.

Niel, damn, he worked so hard to build this agency. You guys are so cruel

People keep stabbing him in the back and deceiving him. He has been living with a steel mentality, and his solo struggles never end. I'm crying

As the legal proceedings unfold, the K-pop industry and fans alike are keenly watching how this high-profile dispute will be resolved.

For Kang Daniel, this legal battle represents both a challenge and an opportunity to redefine his professional journey, potentially paving the way for new ventures and partnerships beyond KONNECT Entertainment.

KpopStarz owns this article.

Written by Cassidy Jones