(URGENT) Supreme Court orders Samsung Securities to pay damages to National Pension Service over dividend error

On Wednesday, August 12, South Korea's Supreme Court ordered Samsung Securities to pay damages to the National Pension Service (NPS). The legal action stems from a corporate dividend error that occurred in 2018.

The ruling finalizes the judicial process regarding accountability for the 2018 incident involving the brokerage firm and the state pension fund, which is one of the largest institutional investors in the country.