NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong notifies investors of an investigation concerning whether Telefonaktiebolaget LM Ericsson (“Ericsson” or the “Company”) (NASDAQ: ERIC) violated federal securities laws.
Click here to learn about the case: http://docs.wongesq.com/ERIC-Info-Request-Form-1877. There is no cost or obligation to you.
On July 18, 2017, Ericsson reported disappointing results for the second quarter ended June 30, 2017 and announced that it “had identified 42 contracts, with sales of SEK 7 b. in 2016” to be transformed, exited or renegotiated, representing a “potential risk of SEK3 billion to SEK5 billion” for the following year. On this news, shares of Ericsson fell from a close of $7.28 per share on July 17, 2017, to a close of $6.07 per share on July 18, 2017.
To learn more about the investigation of Ericsson contact Vincent Wong, Esq. either via email firstname.lastname@example.org, by telephone at 212.425.1140, or visit http://docs.wongesq.com/ERIC-Info-Request-Form-1877.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.