All Ericsson articles

  • Kroner
    Article

    Ericsson reserves $1.2B in FCPA case; speaks candidly on compliance program

    2019-09-27T14:07:00Z

    Ericsson announced it has set aside $1.2 billion to resolve a long-running FCPA investigation that spans several geographies. CEO Börje Ekholm spoke candidly about the shortcomings of the company’s ethics and compliance program and how it’s addressing them. 

  • Blog post

    OFAC: Ericsson settlement agreement imparts sanctions compliance lessons

    2018-06-12T13:15:00Z

    In its first enforcement action of 2018, the U.S. Treasury Department’s Office of Foreign Assets Control on June 6 reached a $145,893 settlement agreement with Swedish telecom company Ericsson for violating Sudanese sanctions regulations.

  • Blog post

    Ericsson: Seven employees summoned in Greece corruption probe

    2016-06-20T12:15:00Z

    Ericsson, a Swedish multinational communication technology and services company, recently disclosed that a Greek prosecutor has summoned seven current and former Ericsson employees in a preliminary investigation involving allegations of possible corruption. As Compliance Week previously reported, Ericsson this week also issued a statement confirming that it’s being investigated for ...