Ericsson banks first profit since 2016, but bribery scandal penalties are looming

Corrupt business practices dating back to 2007 have led to the dismissal of 50 employees and will likely result in a “material” fine for Ericsson once the Justice Department and Securities and Exchange Commission complete their investigation into the matter, the Swedish company said Thursday.

Written by Developer on October 18, 2018
Posted Under: Uncategorized