Episode 265 — The Ericsson FCPA DPA Breach Settlement
Ericsson, a multinational telecommunications company, based in Sweden, settled its breach of the 209 Deferred Prosecution Agreement, agreed to enter a guilty plea and pay a $206 million penalty. In 2019, Ericsson entered into a three-year DPA, paid a $1 billion penalty to DOJ and the SEC for FCPA violations. DOJ notified Ericsson in 2021 that it had breached the DPA by violating the DPA’s...