NO. The person you are talking about could possibly be charged with perjury, but that is a difficult charge to prove and accordingly is not often pursued. Once acquitted of a criminal charge the US Constitution and, I would expect, the state constitution in WI would prohibit another attempt to charge and convict.
I agree with Mr. Jones, there could be no retrial of the original charge. In exceptional circumstances the defendant could be charged with perjury. However, it is possible that a defendant who bribed the judge (at least in a bench trial) could be prosecuted again, the theory being that there was never any true jeopardy in the original trial. That situation actually arose in Illinois a few years ago.
By the way, a court never finds anybody "innocent." There is no such verdict in the law. The court can find the defendant either "guilty" or "not guilty."
The person who lied on the stand could potentially be charged for perjury-a class H felony in Wisconsin. Depending on the facts, the person could be charged with multiple felony counts based on testimony in the same proceeding. In State v. Canon, 622 NW 2d 270 - Wis: Supreme Court 2001, the defendant was charged with drunk driving. At trial he said he was not driving. The State later prosecuted him for lying about not driving/ perjury. He argued "issue preclusion," since he was already found not guilty by a jury which means they determined he was not driving. The WI Supreme Court said issue preclusion does not bar prosecution for perjury when newly discovered evidence suggests that the defendant falsely testified on the issue. Certain requirements have to be shown by the state and this is a complicated issue. It would definitely help to obtain a lawyer regarding this issue.
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