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A Seoul appeals court recently upheld the acquittal of Samsung Electronics Executive Chairman Jay Y. Lee in a case related to a controversial 2015 merger. The court dismissed the prosecution’s appeal, stating that the merger process followed standard operational procedures. This decision marks the end of nearly a decade of legal disputes for Lee.
Tech and VC heavyweights are set to join the Disrupt 2025 agenda, showcasing the latest innovations and trends in the industry. The court refuted claims that the merger decision was solely made by Samsung’s control tower office, emphasizing the cooperation of all parties involved. Prosecutors are considering appealing the ruling to the Supreme Court.
