Lee Jae-yong

Samsung’s executive chairman Lee Jae-yong has been cleared of all fraud allegations by South Korea’s Supreme Court, bringing an end to a high-stakes legal battle that has spanned nearly a decade and cast a long shadow over the country’s most powerful conglomerate. The ruling, delivered Thursday, upheld earlier verdicts from lower courts that had found…

In a surprising ruling, Lee Jae-yong, the billionaire boss of Samsung Electronics, has been acquitted by a Seoul court on charges of stock manipulation and accounting fraud linked to a contentious 2015 merger of two Samsung affiliates. The unexpected verdict brings relief to Lee, who has faced legal challenges for years. The charges against Lee…