This paper develops theoretical expressions to study angular distribution and spin polarization of those Auger electrons which are emitted in the decay of a vacancy created by the absorption of a photon in a rotating linear molecule. Identical expressions except, of course, for different decay amplitudes, in both the Hund’s coupling schemes (a) and (b), are obtained for the differential Auger current emitted in the transition J→Jf measured by an electron spectrometer sensitive to spin detection. The structure of these angular distributions is exactly the same as that of the spin-resolved photoelectrons from unoriented atoms and molecules. The present paper thus puts the angle- and spin-resolved Auger and photoelectron spectroscopies on the same footing wherein identical geometrical and kinematical analysis is applicable. The four parameters needed to completely characterize such distributions depend, in the present case, on rotational orientation and/or alignment of the photoexcited molecule, in addition to its Auger decay amplitudes. The use of parity-adapted molecular states separates the Auger spectra into even and odd partial wave components of the ejected electron continuum in both of the coupling schemes. Our analysis shows that the integrated Auger current is spin resolved provided it is produced in the decay of oriented vacancies. We further find that Auger electrons which leave the molecular ion in Jf=0 state may have nonzero degree of spin polarization if they follow absorption of only circularly polarized light. In this case, both the angular distribution and spin polarization of emitted electrons become totally independent of Auger dynamics. Thus, angle- and spin-resolved Auger electron spectroscopy can be used to produce polarized electrons, to determine rotational orientation and alignment of linear molecules, to study their structure and dynamics, and to prepare ions of such molecules in selective ro-vibronic states.