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Subjects ยท Company

Telefonaktiebolaget LM Ericsson

Ericsson is a Swedish telecommunications equipment company. It entered a deferred prosecution agreement with the US Justice Department in 2019 over FCPA charges and pleaded guilty in 2023 after a breach determination.

TypeCompany
Also known asEricsson
JurisdictionSweden
Official websitehttps://www.ericsson.com
Matters on record1

Claims and responses

Why did Ericsson plead guilty after its 2019 bribery settlement with the US?Admitted by the subject. Verified 30 October 2026.

Timeline

  1. Deferred prosecution agreement and Ericsson Egypt plea announced. matter
  2. Justice Department announces breach and plea agreement. matter
  3. Ericsson pleads guilty in Manhattan federal court, as reported. matter
  4. Monitor certifies Ericsson's compliance programme, according to Ericsson. matter
  5. Monitorship and plea agreement conclude, according to Ericsson. matter
  6. Ericsson discloses the SEC closed its Iraq-related investigation without charges. matter
  7. Ericsson reports that the Justice Department's Iraq-related investigation is continuing. matter

Sources for this profile

  1. US Department of Justice, Office of Public Affairs, Ericsson Agrees to Pay Over $1 Billion to Resolve FCPA Case
  2. US Attorney's Office for the Southern District of New York, Ericsson To Plead Guilty And Pay Over $206 Million Following Breach Of 2019 FCPA Deferred Prosecution Agreement

Profile last verified 30 October 2026. Telefonaktiebolaget LM Ericsson can submit documents or a response through right of reply. Submissions are published as the subject's position and do not change what the records show.