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


FILE PHOTO: Samsung Electronics Chairman Jay Y. Lee leaves a court in Seoul, South Korea, February 5, 2024. REUTERS/Kim Soo-hyeon/File Photo

SEOUL (Reuters) - 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 Lee's control of the tech giant.

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