JNK Global (KOSDAQ:126880) said a lawsuit filed by MJ Partners seeking the cancellation of shareholder meeting resolutions was deemed withdrawn by the Suwon District Court's Seongnam Branch on Sept. 15, according to a Tuesday filing.
The court considered the case withdrawn under the Civil Procedure Act after both parties failed to appear on three occasions.
Shares of JNK Global fell nearly 1% in recent trade.
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