Ericsson has spoiled its chance to make good on its anti-corruption promises to US prosecutors.
The Stockholm-based multinational telecommunications firm has agreed to plead guilty and pay a fine of more than $206 million after breaching a 2019 Deferred Prosecution Agreement (DPA) by violating the agreement’s cooperation and disclosure provisions, the US Securities and Exchange Commission (SEC) said yesterday (Mar. 2).
https://finance.yahoo.com/news/ericsson-pay-206-million-fine-105100359.html
*Ericsson has spoiled its chance to make good on its anti-corruption promises to US prosecutors.*
The Stockholm-based multinational telecommunications firm has agreed to plead guilty and pay a fine of more than $206 million after breaching a 2019 Deferred Prosecution Agreement (DPA) by violating the agreement’s cooperation and disclosure provisions, the US Securities and Exchange Commission (SEC) said yesterday (Mar. 2).
https://finance.yahoo.com/news/ericsson-pay-206-million-fine-105100359.html
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