Updated at 7:10 p.m.

Ericsson AB on Friday agreed to pay more than $1 billion to resolve claims that the Swedish telecommunications company paid bribes between 2000 and 2017 to build business in Asia, Africa and the Middle East, capping a long-running investigation with one of the largest penalties ever assessed in the U.S. government’s enforcement of anti-corruption law.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]