Tag: Securities and Exchange Commission


Ericsson forks out over $1B in fines to settle U.S. bribery charges

December 9, 2019

Via: Fierce Telecom News

Ericsson announced late Friday afternoon that it had agreed to pay $1.06 billion in fines to U.S. regulators after pleading guilty to bribery charges. From 2000 to 2016, Ericsson doled out tens of millions of dollars to bribe government officials […]

News, Regulations

Juniper Networks forks out $11.7M to settle foreign bribery charges

August 30, 2019

Via: Fierce Telecom News

On Thursday, Juniper Networks paid the U.S. Securities and Exchange Commission (SEC) $11.7 million to settle foreign bribery chargers related to its sales practices in China and Russia. Sunnyvale, Calif.-based Juniper paid $4 million in disgorgement, which was the amount […]