Ericsson pleads guilty and pays $206m after breaching 2019 FCPA agreement

The company breached the Deferred Prosecution Agreement from 2019 by violating cooperation and disclosure provisions.

Failure to comply with the terms of a 2019 Deferred Prosecution Agreement (DPA) has cost telecomms giant Ericsson $206m in an additional criminal penalty. The company has agreed to plead guilty

The Department of Justice said Ericsson breached the DPA “by violating the agreement’s cooperation and disclosure provisions”. The company

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