Swedish mobile telecoms company Ericsson has agreed to pay over $1 billion to re...
FILE PHOTO: An Ericsson logo is pictured at Mobile World Congress in Shanghai, China June 28, 2019. REUTERS/Aly Song
Ericsson has entered into a deferred prosecution agreement related to its scheme to make and improperly record tens of millions of dollars in payments, the Department said. The total includes a criminal penalty of more than $520 million and another $540 to be paid to the U.S. Securities and Exchange Commission in a related matter.
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