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Samsung Billionaire Jay Y. Lee Acquitted in Succession Suit

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Feb. 5, 2024, 6:01 a.m. | Yoolim Lee, Sohee Kim

Bloomberg Technology bloomberg.com

Samsung Electronics Co. Executive Chairman Jay Y. Lee scored an important victory Monday after a Seoul court acquitted him of stock manipulation charges, finally removing the threat of jail time that dogged the billionaire for more than a decade.

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