[Alpha Biz=(Chicago) Reporter Kim Jisun] STX said on the 14th that some of the reports that raised suspicions of stock price manipulation were 'groundless' and that they were preparing legal measures such as claiming damages.

Regarding some reports that STX's largest shareholder manipulated stock prices with foreign capital forces and took unfair profits, STX explained, "All rumors of stock price manipulation, such as bicycle trading, are not true."

STX filed an arbitration application with the Press Arbitration Commission on the same day and plans to review and implement civil and criminal legal measures.

 

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