SEOUL, Aug. 12 (Yonhap) -- The Supreme Court on Wednesday ordered Samsung Securities Co. to pay the National Pension Service (NPS) 1.86 billion won (US$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 over the "fat-finger" error caused by an official at the firm on April 6, 2018.
The stock blunder took place when the Samsung Securities official typed in 1,000 shares instead of 1,000 won per share in dividends that were to be paid to employees under a compensation plan.
yunhwanchae@yna.co.kr
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