{
  "id": 622010,
  "title": "Supreme Court orders Samsung Securities to pay damages to NPS over 2018 dividend error",
  "url": "https://urgent.news/2026/08/12/supreme-court-orders-samsung-securities-to-pay-damages-to-nps-over",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-12T02:27:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/business/companies/20260812/supreme-court-orders-samsung-securities-to-pay-damages-to-nps-over-2018-dividend-error"
  },
  "original_language": "en",
  "account": "The Supreme Court recently ruled in favor of the National Pension Service (NPS), ordering Samsung Securities Co. to pay 1.86 billion won ($1.3 million) in damages over a 2018 dividend error. This mistake occurred on April 6, 2018, when an employee at Samsung Securities accidentally issued 2.8 billion shares instead of the intended 1,000 won per share in dividends to employees. The error resulted in shares with no actual value being issued, causing significant distress in the market. Samsung Securities' shares plummeted by approximately 12 percent on the day of the incident. The NPS had originally filed a suit seeking 29.9 billion won in damages, stemming from the sharp decline in the brokerage firm's stock price. The Supreme Court affirmed earlier rulings, mandating Samsung Securities to pay 1.86 billion won in damages, stating there is a strong likelihood of causation between the error and the financial repercussions.",
  "summary": "The Supreme Court on Wednesday ordered Samsung Securities Co. to pay the National Pension Service (NPS) 1.86 billion won ($1.3 million) in damages over a 2018 dividend error by an accidental stock issuance. The top court ruled in favor of the NPS in the damages suit filed against the brokerage firm stemming from a \"fat-finger\" error committed by an employee at the firm on April 6, 2018. The stock…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
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      {
        "outlet": "Yonhap News",
        "title": "Supreme Court orders Samsung Securities to pay damages to NPS over 2018 dividend error",
        "url": "https://urgent.news/2026/08/12/supreme-court-orders-samsung-securities-to-pay-damages-to-nps-over-623688",
        "published": "2026-08-12T01:36:53.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Supreme Court orders Samsung Securities to pay damages to NPS over 2018 dividend error",
        "url": "https://urgent.news/2026/08/12/supreme-court-orders-samsung-securities-to-pay-damages-to-nps-over-622903",
        "published": "2026-08-12T02:37:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}