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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 [...]