Block B Agency Stardom Entertainment's Former CEO Commits Suicide In Wake Of Lawsuit

By Staff Writer | May 21, 2013 08:16 AM EDT

Block B's agency Stardom Entertainment's former CEO has committed suicide in the wake of the group's lawsuit
(Photo : fanpop.com)

The former head of Stardom Entertainment, the agency manages Block B, has committed suicide according to reports.

Like Us on Facebook

The deceased reportedly was found dead in his home on May 20 after taking his own life.

Lee Seung Young, the former agency head, was discovered in the basement of his home by a friend after allegedly committing suicide. He was taken to a nearby hospital where his death was confirmed and a wake is currently underway.

The suicide comes in the wake of a lawsuit from Block B, a seven-member hip-hop group managed by Stardom Entertainment, calling for the nullification of their contract. The group claimed the company failed the members their earnings for a year and named Lee as a central figure in the controversy.

The suit, which was filed on January 3, includes not only reports of unpaid earnings, but also alleges fraud. Block B claimed that the former CEO had taken approximately 70,000,000 won (or around $65,000) from the members' parents and had disappeared.

Stardom Entertainment, however, refuted the accusations and said they never failed to pay the members' salaries. The agency further insinuated that there was a mastermind behind the the claims instructing the members to file suit.

There were many conflicting reports at the time the news broke. Some sources have been reporting that Lee had suffered greatly as a result of the ongoing lawsuit. According to MBN TV, however, a source close to the deceased said, "It is true that it was a suicide. I know there are rumors that his death has something to do with Block B's lawsuit, but there is no relationship between those two." The source further explained, "It was because of a personal reason. I think he felt there was no other solution."

In a statement to TV Daily, Stardom Entertainment said that Lee left the company more than two years ago and they have no information about the current reports.

Tagged :  Block B, Stardom Entertainment

Featured

OP-ED 12.18.14 | 09:35AM EST

'Dirty Vibe' Music Video Appearance Is Strategic Move For 2NE1's CL Prior To Her U.S. Debut [Opinion]

Skrillex's new music video featuring CL may be a way for the 2NE1 rapper to bridge the cultural and musical divide prior to her U.S. debut.

Hot Issue 12.17.14 | 07:16PM EST

K-Pop Crossover: Stephen Colbert Slips In Hallyu Reference During Seth Rogen Interview On 'Colbert Report' [VIDEO]

Stephen Colbert's eight-year tenure playing a conservative blowhard on "The Colbert Report" might be coming to an end on Friday, but that doesn't mean he doesn't have time for one last shout-out to the South Korean music scene.

Editorial 12.18.14 | 09:13AM EST

4 K-Pop Idol Groups That Disbanded In 2014

The highly competitive nature of the K-pop industry unfortunately means that some groups don't make it. In 2014, there were four groups we said goodbye to.

Hot Issues 12.17.14 | 07:56AM EST

J.Tune Camp Reveals Plans For A Three-Member MBLAQ

After confirmation that members Lee Joon and Thunder will be leaving the group, MBLAQ will continue as a trio with plans for a new album.

KpopStarz Is Looking For Enthusiastic Entertainment Contributors Reach Millions On The Web.
Real Time Analytics