Ericsson announces settlement with impact in second quarter 2021

Stockholm, may 12, 2021 /prnewswire/ -- ericsson (nasdaq: eric) has reached an agreement with nokia for settling a damages claim against ericsson. the settlement relates to events that were the subject of a 2019 resolution with the u.s. department of justice (doj) and u.s. securities and exchange commission (sec) of investigations into ericsson's violations of the u.s. foreign corrupt practices act (fcpa).
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