In late July 2009, three of the five original members of SM boy group TVXQ – Kim Jaejoong, Park Yoochun, and Kim Junsu – applied to the Seoul Central District Court to investigate the validity of their contract with SM, as they felt the thirteen-year contract was excessively long and that earnings were not fairly distributed to the members, but contract destruction, they shall be compensated to the Employer by three times the total investment amount and two times the ordinary profit during the remaining contract period. The news of this dispute caused SM's KOSPI stock price to drop by 10.06%. In addition, 120,000 fans of TVXQ filed a petition against SM's long-term contracts to the Seoul Central District Court, and also filed for compensation for an SMTown Live Concert that was canceled a week before its scheduled date.