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Ericsson dips 3% as DOJ alleges it breached bribery settlement

Oct. 22, 2021 1:16 PM ETTelefonaktiebolaget LM Ericsson (publ) (ERIC) StockBy: Jason Aycock, SA News Editor

Ericsson headquarters in Kista, Stockholm

JariJ/iStock Editorial via Getty Images

  • Ericsson (NASDAQ:ERIC) is 3.2% lower today in Nasdaq trading after the Justice Dept. accused it of breaching a settlement over bribery.
  • The company had reached a $1.06 billion settlement in 2019 addressing allegations of bribery

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