Sweden's Ericsson sued by some shareholders for $170 million -media

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Sweden's Ericsson sued by some shareholders for $170 million -media
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OSLO : Some 37 Ericsson shareholders are suing the Swedish telecoms company for a total of 1.8 billion crowns ($170 million), business daily Dagens Industri reported on Friday. The shareholders, which include several investment firms and pension funds, have filed separate lawsuits with a Swedish court

OSLO : Some 37 Ericsson shareholders are suing the Swedish telecoms company for a total of 1.8 billion crowns , business daily Dagens Industri reported on Friday.

An Ericsson spokesperson declined to comment immediately but said the company would issue a response soon.

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