OMEGA X

Their new company IPQ Corp is known for producing the K-BL series 'A Shoulder to Cry On'

The boyband called the agreement "amicable and mutual"

The K-pop boyband are now expected to press charges against the agency's former CEO for allegedly "threatening, assaulting and exploiting" them, as their lawyers said in November

Before we head into a brand-new year, join NME in recapping 2022’s biggest stories and events in K-pop

The company's lawyers also responded to allegations that OMEGA X were berated by its ex-CEO, saying: "Although we could never justify the verbal abuse, we would like to state that there were various circumstances surrounding the incident"

A South Korean judge will consider the boyband's request to nullify their contract with the agency at a hearing this week

In a press conference, the boyband also called attention to widespread mistreatment within the industry: "I think a lot of K-pop trainees and even current idols are being treated unfairly," said member Taedong

The K-pop group have applied to terminate their contract with the agency, their lawyers said at a press conference, where members also alleged they were sexually harassed by SPIRE's ex-CEO

The boyband are set to hold a press conference discussing their ongoing conflict with agency SPIRE Entertainment tomorrow

Following a string of allegations that the boyband were mistreated by the agency and its CEO, who resigned from the company last week