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TITLE Supreme Court Decision 2021Do1143 decided September 30, 2020 ¡¼Violation of the Financial Investment Services and Capital Markets Act¡½ [full Text]
Summary
¡¼Main Issues and Holdings¡½ Matters to be considered when calculating the value of the profit accrued by a violation for application of the proviso of Parag. (1) and Parag. (2) in Article 443 of the former Financial Investment Services and Capital Markets Act Whether ¡°realized profit¡± and ¡°unrealized profit¡± are all included in ¡°the profit accrued by a violation¡± (affirmative) and, in such a case, method of calculating ¡°unrealized profit¡± Method of determining a ¡°stock price at a point of time when the effect of the release of information is fully reflected in the stock price¡±
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