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Samsung chief Jay Y Lee found not guilty in controversial merger case

Binu Mathew
By Binu MathewFebruary 4, 2025

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 the charges from a case involving a 2015 merger that prosecutors said was designed to cement his control of the tech giant.

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