Ericsson Sued by 37 Shareholders for 0 Million: Report

Ericsson Sued by 37 Shareholders for $170 Million: Report

Thirty-seven Ericsson shareholders are suing the Swedish telecoms company for a combined 1.8 billion Swedish crowns ($170 million or roughly Rs. 1,405 crore), saying its CEO’s disclosure of activities in Iraq depressed the stock, business daily Dagens Industri reported on Friday. Ericsson and CEO Boerje Ekholm have been criticised heavily…