KM Financial Solutions | UPDATE 1-Samsung Securities CEO resigns after $105 billion stock blunder
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UPDATE 1-Samsung Securities CEO resigns after $105 billion stock blunder

UPDATE 1-Samsung Securities CEO resigns after $105 billion stock blunder

Samsung Securities Co
Chief Executive Officer Koo Sung-hoon resigned after the company
was punished by South Korea’s financial regulator because an
employee’s error sparked a $105 billion “ghost stock” blunder,
the company said in a regulatory filing on Friday.

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