Ericsson's chief executive has been charged with misleading investors
JonesEleanore
Apr 13
According to Reuters, the chief executive and chief financial officer of Ericsson, a Swedish telecommunications company, was accused of misleading investors in transactions in Iraq. It is reported that on Wednesday local time, the U.S. Department of Justice said that Ericsson violated the 2019 deferred prosecution agreement (DPA), and the company did not fully disclose the details of its business in Iraq. Ericsson spokesman has not replied to this news. But Ericsson said in a brief statement ...
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