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Sweden's Ericsson sued by some shareholders for $170 million, Dagens Industri reports

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Sweden's Ericsson sued by some shareholders for $170 million, Dagens Industri reports

Thirty-seven Ericsson shareholders are suing the Swedish telecoms company for a combined 1.8 billion Swedish crowns ($170 million), saying its CEO's disclosure of activities in Iraq depressed the stock, business daily Dagens Industri reported on Friday.

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Sweden's Ericsson sued by some shareholders for $170 million, Dagens Industri reports

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Sweden's Ericsson sued by some shareholders for $170 million, Dagens Industri reports

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