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2023-01-12

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Ericsson Stock Surges After $220 Million Provision For Potential DPA Breach Resolution With DOJ

The U.S.-listed shares of Ericsson (ERIC-B.SK) surged 6.3% toward a one-month high in premarket trad

Ericsson Stock Surges After $220 Million Provision For Potential DPA Breach Resolution With DOJ

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The company agreed in December to extend its independent compliance monitorship through June 2024. </p><p>The company had entered into the DPA to resolve violations of the Foreign Corrupt Practices Act prior to 2017. 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