Tagged: Ericsson

SEC Joins DOJ in Probe of Ericsson ISIS Bribery Payments

Ericsson is having a tough time.  First, in 2019, Ericsson settled FCPA charges with the Justice Department and the SEC for a total of $1 billion (with a B).  Second, Ericsson had an independent compliance monitor appointed for a three-year term under its deferred prosecution agreement.  And then — last year, Ericsson was notified by DOJ that it failed to conduct a proper internal investigation...