Jay Y. Lee

Seoul High Court on Monday acquitted consumer electronics company Samsung Electronics Co (OTC:SSNLF) executive Chair Jay Y. Lee of fraud and stock-rigging charges. The ruling removes a legal hurdle for Lee as Samsung navigates business challenges. Lee has faced graft allegations since 2017,...

In a final court hearing, Jay Y. Lee, the chief of Samsung Electronics (OTC:SSNLF), faces allegations of fraud and stock manipulation connected to an $8 billion merger. What Happened: As reported by Reuters, prosecutors have asked for a five-year prison sentence for Lee, related to a 2015 merger of...

Samsung Electronics Co. Ltd. and affiliate stocks witnessed a surge in South Korea on Monday. Samsung C&T Corp rallied by 13.46%, Samsung SDS Co Ltd rose 5.51%, and Samsung Life Insurance Co Ltd gained 3.8%.  What Happened: The stock market is reacting over a change in...

Prosecutors in South Korea have filed an arrest warrant against Jay Y. Lee, the anointed heir to the Samsung Group and Vice Chairman of Samsung Electronics Co Ltd. (OTC: SSNLF)  What Happened The arrest warrant request came Thursday as a part of an investigation into an alleged...