The Seoul High Court upheld on February 3 a lower court's ruling dismissing all the charges from a case involving a $8-billion, 2015 merger between two Samsung affiliates that prosecutors said was designed to cement Lee's control of the tech giant.

Samsung Electronics Co. Executive Chairman Jay Y. Lee successfully defended against an appeal by prosecutors, a step forward for South Korea’s largest company that has remained under a years-long cloud of financial impropriety charges.

A South Korean appeals court has upheld a ruling that acquitted Samsung Electronics Chairman Lee Jae-yong of financial criminal charges over a contentious merger between Samsung affiliates that cement

South Korean prosecutors will appeal to the Supreme Court after an appeals court found Samsung Electronics Chairman Jay Y. Lee not guilty on all charges stemming from a 2015 merger, the Yonhap news agency said.

South Korean prosecutors will appeal to the Supreme Court after an appeals court ruled Samsung Chairman Jay Y. Lee not guilty of charges related to a 2015 merger. The Seoul High Court upheld a lower court's decision that dismissed all charges against Lee regarding an $8 billion merger between two Samsung affiliates.