Samsung (SSNLF) Chairman Jay Lee was found not guilty of accounting fraud and stock manipulation by a Seoul appeals court, Joyce Lee and Hyunjoo Jin of Reuters reports. The Seoul High Court upheld the lower court’s ruling dismissing all charges related to a 2015 merger that prosecutors argued was designed to cement his control of the tech giant.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SSNLF:
- Samsung Electronics: Mixed Sentiment in Earnings Call
- Samsung sees overall TV demand decreasing year-over-year in Q1
- Samsung expects Foundry business earnings to ‘remain weak’ in Q1
- Samsung says Q1 earnings outlook for mobile display business is ‘conservative’
- Samsung plans to drive sales growth for MX business on flagship models in Q1