Samsung's Chairman Jay Y. Lee faces a five-year prison sentence over merger manipulation charges.

South Korean prosecutors are seeking a five-year prison sentence for Samsung's Chairman Jay Y. Lee over accusations he manipulated a merger to strengthen his control, despite a February acquittal on fraud charges. The case adds to ongoing questions about Lee's leadership amid Samsung's financial struggles and falling stock prices. Prosecutors argue Lee's actions harmed minority shareholders.

November 25, 2024
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