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Samsung chief cleared of fraud and stock manipulation charges

Corruption,Fraud,Insider Trading,Technology

From the Left

Samsung Electronics Chairman Jay Y. Lee was found not guilty of accounting fraud and stock manipulation by a Seoul appeals court on Monday, in a ruling that could remove long-running legal risks that he has faced from criminal cases. The Seoul High Court upheld the lower court’s ruling dismissing all charges from a case involving a 2015 merger that prosecutors said was designed to cement Lee’s control of the tech giant. The legal battles have been a distraction for Lee, who faced growing questions about his ability to lead Samsung...

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