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flag SeeDevice and CEO Kim won major legal wins in a defamation case against KBS over a false 2024 report that harmed their business.

flag SeeDevice Inc. and CEO Dr. Hoon Kim have won key legal victories in a U.S. federal defamation lawsuit against KBS and KBS America over a false 2024 report claiming a government grant was revoked due to fraud in their quantum sensor technology. flag A court had previously found no fraud, but KBS aired the misleading report, which plaintiffs say ruined a major investment deal. flag The U.S. District Court in California repeatedly rejected KBS’s dismissal attempts, calling its tactics improper, and ordered the case to trial. flag The plaintiffs, represented by attorneys with a history of major defamation wins including a $787.5 million settlement against Fox News, could seek substantial compensatory and punitive damages under U.S. law, with past verdicts reaching hundreds of millions. flag The trial will now proceed in California.

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