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LG Display files criminal complaint alleging former officer embezzled KRW 6.86B
LPLLG Display Co., Ltd.
LG Display submitted a criminal complaint to authorities on February 10, 2026, alleging that a former executive known as "Mr. Lee" committed occupational breach of trust by misappropriating approximately KRW 6.86 billion (roughly $5 million USD). The alleged amount represents about 0.08% of the company's equity capital and is subject to change pending judicial proceedings. This disclosure responds to a Korea Exchange inquiry regarding media reports on the matter, with the company pledging full cooperation with investigators. LG Display Co., Ltd. manufactures liquid crystal displays (LCDs) and organic light-emitting diode (OLED) panels for consumer electronics and automotive applications.