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LM ERICSSON TELEPHONE CO (Telefonaktiebolaget LM Ericsson) Securities Investigation - Ericsson, Reportedly, May Have Bribed Islamic State Terrorist Group

Published: 2022-02-16 15:30:00 ET

NEW YORK, NY / ACCESSWIRE / February 16, 2022 / Kehoe Law Firm, P.C. is investigating whether Telefonaktiebolaget LM Ericsson ("Ericsson") (NASDAQ:ERIC)violated federal securities laws.

On February 16, 2022, The Telegraph reported that "Ericsson has admitted that it may have bribed the terrorist group Islamic State in return for being allowed to use roads through Iraq."

On this news, shares of Ericsson were down more than 14% in pre-market trading on February 16, 2022.

ERICSSON INVESTORS WHO HAVE SUFFERED FINANCIAL LOSSES GREATER THAN $50,000 ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM'S "SECURITIES CLASS ACTION QUESTIONNAIRE."

ERICSSON INVESTORS ARE ALSO ENCOURAGED TO CONTACT JOHN KEHOE, ESQ., (215) 792-6676, EXT. 801, JKEHOE@KEHOELAWFIRM.COM, INFO@KEHOELAWFIRM.COM, TO DISCUSS THE ERICSSON SECURITIES CLASS ACTION INVESTIGATION AND POTENTIAL LEGAL CLAIMS.

Kehoe Law Firm, P.C., with offices in New York and Philadelphia, is a multidisciplinary, plaintiff-side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.

This press release may constitute attorney advertising.

SOURCE: Kehoe Law Firm, P.C.

View source version on accesswire.com: https://www.accesswire.com/689085/LM-ERICSSON-TELEPHONE-CO-Telefonaktiebolaget-LM-Ericsson-Securities-Investigation--Ericsson-Reportedly-May-Have-Bribed-Islamic-State-Terrorist-Group

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.