Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Telefonaktiebolaget LM Ericsson (ERIC)

Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Telefonaktiebolaget LM Ericsson ("Ericsson" or the "Company") (NASDAQ: ERIC). Investors who purchased Ericsson securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/eric.

The investigation concerns whether Ericsson and certain of its officers and/or directors have violated federal securities laws.

On February 16, 2022, Ericsson disclosed that the Company may have made payments to the ISIS terror organization in order to gain access to certain transport routes in Iraq. On this news, Ericsson’s American Depositary Receipt (“ADR”) price fell $1.44 per ADR, or 11.57%, to close at $11.01 per share on February 16, 2022.

If you are aware of any facts relating to this investigation or purchased Ericsson shares, you can assist this investigation by visiting the firm’s site: www.bgandg.com/eric. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

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