South Korea's high court hears prosecution appeal against Samsung Electronics chairman Jay Y. Lee's acquittal in 2015 merger charges.
South Korea's high court started hearing a prosecution appeal against a decision that cleared Samsung Electronics chairman Jay Y. Lee of charges related to a 2015 merger. Prosecutors appealed a February ruling that found Lee not guilty of accounting fraud and stock manipulation, seeking a five-year jail term. Lee argued he and other executives believed the merger would benefit shareholders.
May 27, 2024
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