Lawsuit against Tongyang

Financial Consumer Agency President Cho Nam-hee, left, delivers a file for a class action lawsuit joined by retail investors suffering losses from their investment in Tongyang Group to the Seoul Central District Court in Secho-dong, southern Seoul, Tuesday. A total of 779 investors seek 32.6 billion won ($30.6 million) in compensation from the conglomerate for losses incurred from fraudulent commercial papers issued by the firm. / Yonhap