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| Name | Symbol | Market | Type |
|---|---|---|---|
| Ericsson | NASDAQ:ERIC | NASDAQ | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.05 | -0.93% | 5.31 | 5.30 | 5.31 | 7,204 | 11:50:10 |
From Apr 2019 to Apr 2024
STOCKHOLM, Dec. 5, 2019 /PRNewswire/ -- As previously disclosed, Ericsson (NASDAQ: ERIC) is in discussions with the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) regarding the resolution of their investigations of the Company's compliance with the U.S. Foreign Corrupt Practices Act (FCPA).
In light of recent media coverage about the resolution of the investigations the Company will not comment other than to confirm that the provision of USD 1.2 b.is still its current estimate of the amounts needed to cover the monetary sanctions, plus other related costs, as announced on September 26, 2019.
NOTES TO EDITORS:
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About Ericsson
Ericsson enables communications service providers to capture the full value of connectivity. The company's portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/ericsson/r/ericsson-comments-on-press-coverage-about-the-resolution-of-ongoing-u-s--fcpa-investigations,c2983465
The following files are available for download:
https://mb.cision.com/Main/15448/2983465/1156578.pdf | Ericsson comments on press coverage about the resolution of ongoing U.S. FCPA investigations |
View original content:http://www.prnewswire.com/news-releases/ericsson-comments-on-press-coverage-about-the-resolution-of-ongoing-us-fcpa-investigations-300969802.html
SOURCE Ericsson
Copyright 2019 PR Newswire
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