The U.S.-listed shares of Telefon AB L.M. Ericsson ERIC SE:ERIC.B leaped 3.3% in premarket trading, after the Sweden-based communications services company disclosed that it reached an agreement with the U.S. Department of Justice to resolve “non-criminal breaches” of 2019 Deferred Prosecution Agreement , which the company entered into to resolve previously disclosed violations of the Foreign Corrupt Practices Act .
3% in premarket trading, after the Sweden-based communications services company disclosed that it reached an agreement with the U.S. Department of Justice to resolve “non-criminal breaches” of 2019 Deferred Prosecution Agreement , which the company entered into to resolve previously disclosed violations of the Foreign Corrupt Practices Act . Under terms of the agreement, Ericsson will plead guilty, relating to conduct prior to 2017, and pay a fine of about $206.73 million.