EXO's Luhan reported to have filed to nullify his contract with SM Entertainment 

[Updated] EXO\'s Luhan reported to have filed to nullify his contract with SM Entertainment + Stock prices start falling

Rumors had been circulating among fans that EXO\'s Luhan\'s absence at the past SMTOWN concert may not all be due to health reasons, and it seems the rumors may be right as reports have come out to reveal that Luhan has filed a suit against SM Entertainment to nullify his contract.

SEE ALSO: EXO successfully wrap up \'EXO FROM. EXOPLANET #1 - THE LOST PLANET\' concert in China

Many sources are indicating that Luhan has submitted his lawsuit at the Seoul Central Court this morning (10th KST).

TVDaily also released a copy of the alleged application in which  the name \'Lu Han\' can be seen.

The type of lawsuit he has filed, which is to determine that the contract is not valid and to nullify it, is the same one filed by former member

It\'s being reported that the same law firm that handled Kris\'s case is also taking on Luhan\'s.

SM Entertainment has responded to say that they\'re looking into confirming the situation.

Update] - SM\'s stocks have taken a dip as it dropped 3,100 KRW within 15 minutes of this news being revealed. For a month after Kris\'s lawsuit was revealed, SM\'s stocks had hovered about 30% below their normal. Combined with Jessica\'s news, this Luhan issue has now set SM 19% below what its price had been at the beginning of last month.

We\'ve also reached out to our contacts in the industry, who revealed that fan rumors are actually quite on track. The rumors had suggested that Luhan gave SME a specific date to sort this out for he had wanted to avoid a lawsuit. However, it seems the date that SM had to respond by had passed as Luhan has now filed to get out of the contract.

Jang Na Ra confirmed to star in \'Mister Baek\' alongside Shin Ha Kyun

This really is the worst year for KPOP yet, and SMEnt is suffering the most because of these consecutive controversies. 

And I hope this doesn\'t happen but I just got this chilling, creepy feeling that the next few months would give birth to SMEnt.\'s downfall. It\'s like, something ultimately bad, something worse than this, is going to happen. The stocks began to fall and . . . . ughh. This company is the result of Lee Soo Man\'s hardwork and he made, created the Kings and Queens of KPOP. But what did Kim Young Min do? HE TRASHED SOO MAN\'S EFFORTS AND OVERWORKED THE ARTISTS AS IF THEY\'RE MERE SLAVES. If I just could, I\'d go there myself and kick that leech out of his seat and replace him with Siwonnie-oppa (sorry I can\'t help it, I\'m an ELF 

I can\'t take this. It\'s only been a few weeks since Sica-unnie\'s departure and now this came up. Sigh, but I\'ll still support Luhan and EXO (even if I\'m not an EXO-L) and I wish all of you EXO-L\'s out there to be strong. We\'re all in this together. 

If his hands reach my Super Junior and SHINee oppa-deul, I swear I\'d fly to S.Korea and burn SMEnt. down . . . . . . okay, but not before I kick KYM in his family jewels first. 

This kind of news from SM doesn\'t even surprise me anymore... 

Slave master company never learn !!!! One Word KARMA !!!!

Well Kris doing pretty well on his own so I bey Luhan will be ok too

When these idols are to sign contract with the company when they are put in a group,weren\'t they aware of sm\'s lawsuits(hangeng &jyj)?They shouldn\'t have signed the contract back then,none of this would have happened!I mean they knew how SM was,but still chose to sign with them.Anyways health is more important than wealth and i am happy that Luhan and Kris chose their health before anyother option!!

Thanks Lulu for everything you did for us. Good Luck (;_;)

What is wrong with SM :( first Kris now Luhan •-•

I\'m speechless. SMEnt. is slowly falling apart. Should I laugh or cry?

 It seems like they really don\'t take care enough of their idols.  And it makes me sad... 

SM, you still don\'t get it?! It\'s time to change something! Right now, before you lose another one.

no matter what happend he is still a part of EXO ~ one of Member\'s bro , friends ~ pray for him 

You know what, nowadays, I\'m really scared to open AKP... because of all these teings happen, I really can\'t take it anymore... Even I\'m not a fan of EXO, but still, SM should start to think of their artist... Or else all the artists will leave...TT_TT EXO-L, Hwaiting!

wowowww.. i dont know why.. the first time i read the article.. i felt so happy~ i dont know why.. i like exo.. and i love luhan.. what to do~

For people who still dont know why luhan filed the lawsuit, there are some key issues that you need to know:

1) luhan is so overworked that he has insomnia,experienced weight loss, constant nausea and frequent psychologically induced migraines. In other words, he is extremely unhealthy both physically and psychologically.

2) SM does not care about luhan\'s personal interests and does not listen to his personal requests. For example, luhan\'s fans already know this but he has acrophobia(extreme and irrational fear of heights), he has requested countless times that when SM arranges their flights, they should go with the flight with the least amount of transfers or no transfers at all and that when they plan the concerts or stages, they should not let luhan be in a area of height. SM clearly did not listen to his requests and did not care about luhan\'s well being and luhan had to endure being in places of elevation countless times.

3) luhan is sick and tired of being overworked, mistreated and mismanaged and it has come to a point where he can no longer endure being is SM.

3) luhan has talked to the upper management many times to either change some of their ways or just nullify his contract, but they did not listen and he gave them a deadline which is 8 october 2014 to choose what to do about his situation. 8 october went and passed with no action taken. 

There is no longer any reason to communicate with SM anymore and thus,a lawsuit is filed.

exo only exist for like 2 years now? ans mow they already start to falling apart? is this something like those hotel king drama? someone try to ruin somebody company because they want to revenge? like a drama. full of drama. i love all SM artist but now it start to annoy me with all this news and scandal. until the very end of 2014, there will be more scandal from SME. i just hope it wont end like SME will be sold ti somebody else. why don\'t BoA just be the CEO? that will solve everything...

Look exact one day later as SNSD MV "THE BOYS" on YouTube made 100 Million views (after GEE MV 2013 and I GOT A BOY MV July 2014) SME has kicked out Jessica from SNSD. This was an affront to the fans (SONES)!

Actually, I hope he leaves! Don\'t take me wrong, I know fans wants him to stay as an EXO member.. We all want, but Lu Han\'s health comes first. He has suffered a lot physically. People called Kris a traitor, but people need to really see that SM obviously treats the Chinese members very unfair compared to EXO-K (no, I don\'t blame them but it\'s obvious they got longer screentime etc.). I hope the best for him, even if it\'s hard for the fans to see him go. Fighting! They were totally right that Jessica wasn\'t the last scandal :/

please Lee Soo Man comeback .. SM badly needed you.. that CEO knows nothing but to ruin their artist. 

I want express here my deepest condolence to Lee Soo-Man. His wife has passed on September 30, 2014.

Ah, I remember Jaejoong composed a song for psm (president Soo Man) called Pierrot (clown) after JYJ left.

"We\'re not the same as yesterday.  Just don\'t touch me – I\'m not your pierrot. I want to go toward the spacious skies. I want to sly with freedom, higher, fly fly. I have my own toughts. I have my own life.I don\'t want to remember those prison-like times. Forever Bye Bye Bye".

This should be the anthem of those courageous Idols who dare to leave SM, LOL...

prison-like times? i wonder how much they had suffer. omg it\'s so heartbreaking.

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