According to Deadline, the 14-year-old actor, who plays Mike Wheeler in the hit Netflix series, chose to leave after two men came forward alleging that APA agent Tyler Grasham had sexually assaulted them.
On Tuesday, filmmaker Blaise Godbe Lipman took to Facebook to identify APA's Tyler Grasham as the man he had kept anonymous in a #metoo post a day earlier detailing sexual assault that he suffered as a teenager.More news: Giant Ford F-Series Truck Recall to Cost $267 Million
There have been a string of allegations against Grasham of assaulting or abusing young male actors, including former teen actor Blaise Godbe Lipman.
Agency has kept this man employed, working with kid actors.More news: Nuclear War May Break Out Any Moment: North Korea Threatens US Again
They came to light this week as part of the MeToo hashtag campaign, where many people are sharing stories of sexual assault and harassment on their social media accounts.
APA, the agency Grasham worked for, has released a statement saying: "APA takes these allegations extremely seriously and is investigating this matter". It is reported that the APA are attempting to find new agents for the rest of Grasham's clients.
Wolfhard, in the meantime, has yet to sign with a new agency but multiple agencies are pursuing the actor after his breakout performance in "Stranger Things" and, more recently, 'IT'. "I was young and desperately wanted acceptance within the industry".More news: Bank of England's Ramsden says in no hurry to raise interest rates
"I didn't know who he was".