$105 billion ‘ghost stock’ blunder rocks Korea

INSUBCONTINENT EXCLUSIVE:
share in dividends under a company compensation plan
Somehow, they gave them 1,000 Samsung Securities shares instead
It plunged as much as 12 per cent in the space of minutes on April 6, the biggest decline since the global financial crisis
Many retail investors got burned. Then the recriminations started
People are angry with Samsung Securities
Korea Capital Market Institute Co., a research company
incident by major local news media outlets
The brokerage says it will sternly punish staff who sold the shares, and repay shareholders who lost money when the stock tanked.