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  • Ericsson sued for withholding Iraq report

Ericsson sued for withholding Iraq report

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Ericsson sued for withholding Iraq report

Byron Adonis Mutingwende2 years ago03 mins

Writes Kavit Majithia Ericsson shareholders sued the vendor seeking $175 million to $300 million in damages over an investigation into its business practices in Iraq, claiming certain actions taken by the company depressed its share price. A statement revealed a total of 37 shareholders had filed a claim against the vendor and more were expected…

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