Ericsson shares volatile after results, $2.9 billion charge
(Reuters) -Ericsson shares were volatile on Thursday, defying indications for a sharp fall after the Swedish telecom gear maker overnight announced a $2.9-billion impairment related to its acquisition of cloud communication firm…
Ericsson To Plead Guilty And Pay Over $206 Million Following Breach Of 2019 FCPA Deferred Prosecution Agreement
Damian Williams, the United States Attorney for the Southern District of New York, Kenneth A. Polite, Jr., the Assistant Attorney General of the Justice Department’s Criminal Division, and James C. Lee, the…
Ericsson shares extend fall after outlook disappoints
(Reuters) – Shares in Sweden’s Ericsson extended their losses on Friday a day after a strategy update in which the telecom equipment maker said several of its more profitable markets showed signs…
Sweden drops investigation into suspected Ericsson bribery in China
OSLO (Reuters) -The Swedish Prosecution Authority on Monday said it had closed an investigation into suspected bribery payments made in China by employees at telecoms equipment maker Ericsson because there was no…
Ericsson wins Greenland 5G deal
OSLO (Reuters) – Swedish telecom equipment maker Ericsson has been contracted to build a 5G network in Greenland, initially covering three towns, local phone company Tusass said on Friday. Deploying Ericsson equipment…
Ericsson closes $6.2 billion Vonage deal after short delay
STOCKHOLM – Ericsson on Thursday closed its $6.2 billion Vonage acquisition, nearly a month after it was delayed due to a pending investigation by a U.S. national security panel. The Swedish telecom…
Tests in Space: Ericsson, Qualcomm, Thales expand 5G horizon
STOCKHOLM – Swedish telecom equipment maker Ericsson, French aerospace group Thales and U.S. chipmaker Qualcomm plan to work jointly to develop a satellite-driven 5G network to improve terrestrial connectivity. A 5G mobile…
Swedish prosecutor opens preliminary investigation into alleged Ericsson bribes in Iraq – TT news agency
STOCKHOLM -Swedish prosecutors have opened a preliminary investigation in to alleged bribes paid by telecom giant Ericsson in Iraq, Swedish news agency TT said on Wednesday, quoting the prosecutor Leif Gorts as…
ERICSSON SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAl: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Telefonaktiebolaget LM Ericsson – ERIC
NEW ORLEANS, April 15, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 2,…
ERICSSON SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Telefonaktiebolaget LM Ericsson – ERIC
NEW ORLEANS, April 1, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 2,…
Ericsson CEO says he told staff to hand U.S. full Iraq report in 2019
By Supantha Mukherjee STOCKHOLM – Ericsson Chief Executive Borje Ekholm said on Tuesday he had told staff in 2019 to disclose to the U.S. Department of Justice all information on an investigation…
Ericsson investigating how it addressed Iraq probe, board backs CEO
STOCKHOLM – Ericsson Chairman Ronnie Leten said on Monday a comprehensive review is underway led by its new chief legal officer over the company’s conduct relating to Iraq and how it was…
ERICSSON SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Telefonaktiebolaget LM Ericsson – ERIC
NEW ORLEANS, March 18, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 2, 2022…
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