by Abhinav Anand | Feb 3, 2025 | News
The High Court of Seoul today cleared Samsung Electronics Chairman Lee Jae-yong of stock manipulation charges. He was facing a five-year prison sentence, but now, he’s off the hook. Lee Jae-yong is known for his knack for mergers and bringing more companies into the...
by Sumit Adhikari | Feb 3, 2025 | News
Samsung Chief Lee Jae-yong just received a huge legal relief after an appeals court cleared him of all criminal charges related to the merger of Chiel Industries and Samsung C&T in 2015. Lee was accused of accounting fraud and stock manipulation to strengthen his...
by Pushpa Raj Lamichana | Nov 26, 2024 | News
Samsung Chief JY Lee faces more legal troubles as South Korean prosecutors seek a five-year jail term for him. He is accused of accounting fraud and stock manipulation linked to the controversial 2015 merger of two of the company’s units. The appeals hearing concluded...