South Korea's Supreme Court finalized two closely watched securities cases, confirming Kyobo Securities' ₩250 billion third-party allotment from 2023 as lawful and maintaining Samsung Securities' damages payment of about ₩1.867 billion to the National Pension Service over the 2018 ghost-share dividend incident. The Kyobo ruling removes legal uncertainty around a capital increase that Kyobo Securities said was needed to improve its financial structure and support its bid for a comprehensive financial investment business entity license. In the Samsung case, the court recognized employer liability under the Civil Act but kept the compensation scope unchanged, limiting damages to shareholder losses directly tied to the stock-price drop after the trading disruption. Separately, South Korean markets are also adjusting to stricter delisting rules, with 36 KOSPI and KOSDAQ-listed companies flagged for administrative supervision after failing stock-price or market-capitalization thresholds, highlighting rising pressure on weaker listed firms.