WebMar 7, 2024 · Lawyers call on shareholders to join the suit. A class-action lawsuit has been filed against telecoms OEM Ericsson, its CEO Börje Ekholm, and CFO Carl Mellander over the company's recently-admitted dealings in Iraq. Ericsson shareholder David Nyy has filed a class action on behalf of anyone that acquired Ericsson securities between April 27 ... WebFeb 27, 2024 · The leaked documents also show how Ericsson jeopardised their contractors in Iraq in the pursuit of profits, as managers strove to continue the firm’s commercial operations even after IS took ...
Ericsson’s Iraq crisis deepens after DoJ says deal breached again ...
WebDec 7, 2024 · The firm is one of world's biggest makers of mobile network equipment. In September, it said it had put aside $1.2bn to cover possible penalties stemming from the US investigation. Ericsson warns ... WebThe company said that it was not able to confirm that any Ericsson employee directly gave money to ISIS, which controlled about 40 percent of Iraq at the time. But, due to the … black panther 33
Leak exposes Ericsson’s secret dealings with ISIS amid Iraq ... - ICIJ
WebShares of Ericsson plunged on Wednesday after the Swedish telecom equipment maker said an internal investigation identified that it may have made payments to the terror … WebMar 2, 2024 · On Tuesday, the DOJ told Ericsson it believed the firm had broken the terms of a settlement reached in 2024. Under the settlement, Ericsson paid $1bn (£750m) to end a corruption investigation by ... WebFeb 22, 2024 · Ericsson shares tank after CEO says telecom giant ‘may have paid ISIS' New York Post • 02/16/22. Europe Markets: European stocks struggle to hold on to gains as Ericsson tumbles over Iraq corruption findings ... Ericsson shares slump as telecommunications firm says it may have made payments to Islamic State. Market … gard offices