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Samsung: South Korean prosecutors indict...

A prosecution official said on Tuesday, September...

Samsung: South Korean prosecutors indict group leader, Jay Y Lee

A prosecution official said on Tuesday, September 1, 2020, that South Korean prosecutors indicted Samsung Group leader Jay Y Lee on charges including manipulating stock prices and breach of trust in order to cement control of the group. Prosecutors decided to indict 52-year-old Lee due to the gravity of manipulating the capital market over a controversial 2015 merger of two Samsung affiliates that helped him assume greater control of the group’s crown jewel Samsung Electronics, despite an independent panel’s recommendation in June not to indict him, the official said. Charges against...

Samsung: South Korean...

A prosecution official said on Tuesday, September 1, 2020, that South Korean prosecutors indicted Samsung Group leader Jay Y Lee on charges including manipulating...
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