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Appellate Court Upholds Conviction of Ex-Samsung Securities Employees in ‘Ghost’ Stock Case

Appellate Court Upholds Conviction of Ex-Samsung Securities Employees in ‘Ghost’ Stock Case

SEOUL, Aug. 13 (Korea Bizwire) — An appellate court on Thursday upheld a lower court’s conviction of eight former employees of Samsung Securities Co. indicted for selling “ghost” stocks mistakenly paid to them as dividends in 2018. The Seoul Southern District Court’s appellate division affirmed suspended prison sentences ranging from one to 1 1/2 years [...]

High Court Affirms Guilty Verdicts for Samsung Execs, Except One, in Union Sabotage Case

High Court Affirms Guilty Verdicts for Samsung Execs, Except One, in Union Sabotage Case

SEOUL, Aug. 10 (Korea Bizwire) — An appellate court on Monday acquitted Lee Sang-hoon, former chairman of Samsung Electronics Co.’s board of directors, of disrupting union activities at a Samsung affiliate in violation of labor laws, overturning a jail sentence by a lower court. Lee and 31 other former and incumbent Samsung executives and officials [...]

Constitutional Petition Filed Against Collecting Mobile Phone Data in Handling Itaewon Cluster

Constitutional Petition Filed Against Collecting Mobile Phone Data in Handling Itaewon Cluster

SEOUL, July 31 (Korea Bizwire) — Civic groups have petitioned the Constitutional Court to declare that the government’s massive collection of mobile phone data for contact tracing to stem the spread of COVID-19 was unconstitutional. The five groups led by two influential civic groups — MINBYUN-Lawyers for a Democracy Society and People’s Solidarity for Participatory [...]

CEO, 4 Execs of GM Korea to Stand Trial for Illegally Hiring Workers on Secondment

CEO, 4 Execs of GM Korea to Stand Trial for Illegally Hiring Workers on Secondment

INCHEON, July 21 (Korea Bizwire) — The CEO of GM Korea Co. and four other executives at the Korean unit of the American carmaker will stand trial on charges of illegally hiring about 1,700 manufacturing workers on secondment, prosecutors said Tuesday. The district prosecutors’ offices in Incheon and Changwon said five GM Korea executives, including [...]