Samsung chief cleared of fraud and stock manipulation charges
Corruption,Fraud,Insider Trading,Technology
From the Left
AllSides Media Bias Rating: Lean 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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