Dec 1, 2024COREEconomy

Eun Hyun-jang Acquires a 50 Percent Stake in Garo Sero Institute

Eun Hyun-jang said he completed the purchase and payment process for a 50 percent stake in the corporation behind Garo Sero Institute, involving shares previously associated with former co-founder Kang Yong-suk and later transferred to a third party. The acquisition shifted the dispute from an external legal conflict into a battle involving shareholder rights and corporate control.

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OngoingSociety · 2024

Eun Hyun-jang–Kim Se-ui Allegation Dispute and the Garo Sero Institute Corporate Control Battle

This issue tracks the public, legal and corporate-control dispute that developed after the YouTube channel Garo Sero Institute and its head Kim Se-ui raised allegations concerning entrepreneur and YouTuber Eun Hyun-jang, including claims involving stock manipulation, his business activities and the origins of his wealth. Eun denied the allegations and pursued criminal complaints and provisional attachments. In late 2024, he acquired a 50 percent stake in the corporation behind Garo Sero Institute and subsequently pursued legal procedures involving recognition of his shareholder status, a court-authorized shareholders' meeting, access to corporate accounting records and management authority. After Kim Se-ui was detained in 2026 in a separate case involving actor Kim Soo-hyun, Eun sought the appointment of a temporary director with representative authority and obtained a provisional attachment covering Kim's detention-center deposit funds, further expanding the dispute into corporate governance and civil enforcement.

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