Samsung chief Lee Jae-yong is acquitted of financial crimes by South Korean court

Samsung CEO won’t be sent back to prison for financial crimes related to 2015 merger

Samsung chief Lee Jae-yong will not have to return to jail for a third time after he was acquitted of stock price manipulation and accounting fraud charges.

In South Korea, Samsung boss acquitted in succession suit related to 2015 merger

The ruling could ease the legal troubles surrounding the Samsung heir, less than two years after he was pardoned of a separate conviction of bribery in a corruption scandal that helped topple a previous South Korean government.

Samsung boss acquitted of financial crimes in surprise ruling

By Yoonjung Seo, CNN Seoul (CNN) — The billionaire boss of Samsung Electronics, one of the world’s biggest technology firms, will not serve more jail time. Lee Jae-yong was found not guilty by a Seoul court on Monday on charges of stock manipulation and accounting fraud connected to a controversial merger in 2015 of two Samsung affiliates. The acquittal comes as a big relief to Lee, who has been embroiled in legal problems for years. Last year, …

Samsung chief acquitted in 2015 merger case

A Seoul court ruled that there was insufficient evidence to prove that the merger between two Samsung affiliates in 2015 was unlawfully conducted to strengthen Chairman Lee Jae-yong's control over the tech conglomerate.

Un tribunal sud-coréen acquitte le patron de Samsung dans une affaire de fusion

Le verdict de la cour centrale de district de Séoul le blanchit de plusieurs charges, y compris celles de truquage du cours des actions, d’abus de confiance et de fraude comptable, dans la fusion de 2015 entre deux filiales de Samsung.

Lee Jae-yong, the chairman of Samsung Electronics, was acquitted by a Seoul court on Monday in a lawsuit accusing him of accounting fraud and stock market manipulation, a case that has hovered over the South Korean conglomerate since 2015, Reuters reports.