Ericsson is at the center of a scandal over possible payments to ISIS in Iraq.
The US Department of Justice said the company failed to fully disclose details of its operations in Iraq in violation of a 2019 agreement.
“The complaint alleges violations of US securities laws in connection with allegedly false and misleading statements relating primarily to the company’s compliance and disclosure policies, obligations and conduct of business in Iraq,” Ericsson said in a brief statement.
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