Feb 16, 2022 | Shareholder Investigations
LM Ericsson Telephone Co (Telefonaktiebolaget LM Ericsson) – Investors of Ericsson (NASDAQ: ERIC) Who Have Suffered Financial Losses Encouraged To Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether Telefonaktiebolaget LM Ericsson (“Ericsson”) (NASDAQ: ERIC) violated federal securities laws.
On February 16, 2022, The Telegraph reported that “Ericsson has admitted that it may have bribed the terrorist group Islamic State in return for being allowed to use roads through Iraq.”
On this news, shares of Ericsson were down more than 14% in pre-market trading on February 16, 2022.
Ericsson Provides Update on Deferred Prosecution Agreement
On March 2, 2022, Ericsson reported that “[o]n December 6, 2019, Ericsson entered into a Deferred Prosecution Agreement (DPA) with the United States Department of Justice (DOJ). On March 1, 2022, the DOJ informed Ericsson that the disclosure made by the company prior to the DPA about its internal investigation into conduct in Iraq in the period 2011 until 2019 was insufficient. Furthermore, it determined that the company breached the DPA by failing to make subsequent disclosure related to the investigation post-DPA. The company is in communication with the DOJ regarding the facts and circumstances of the breach determination and is committed to co-operating with the DOJ to resolve the matter.” (Emphasis added.)
ERICSSON INVESTORS WHO HAVE SUFFERED FINANCIAL LOSSES ARE ENCOURAGED TO COMPLETE KEHOE LAW FIRM’S “SECURITIES CLASS ACTION QUESTIONNAIRE.“
Feb 16, 2022 | Data Breach
Have you been harmed by a data breach which has exposed your personal or protected health information?
Morley Companies Subject of Another Class Action Lawsuit; Acuity International Subsidiary Comprehensive Health Services Suffers Data Breach Affecting 94,449 Individuals.
Information compromised from the data breach of this company, which processes information for health plans, that may have been subject to unauthorized access included name, date of birth, Social Security number, driver’s license number, and health information.
For more information about the data breach, please click Morley Companies, Inc. Data Breach Notification and Morley Companies, Inc. Data Breach Notification Update.
On February 10, 2022, a class action lawsuit was filed in United States District Court, Eastern District of Michigan, Northern Division, against Morley Companies, Inc. “on behalf of individuals whose sensitive personal information was stolen by cybercriminals in a massive ransomware type malware attack on Defendant Morley beginning July 20, 2021, and first observed August 1, 2021.”
On February 15, 2022, another class action lawsuit was filed in United States District Court, Eastern District of Michigan, against Morley Companies, Inc. as a result of the recent cyberattack and data breach.
Information from the data breach of Comprehensive Health Services, a subsidiary of Acuity International, may have included unauthorized access to personal information, such as names and Social Security number.
For more information about the data breach, please click Comprehensive Health Services Notification Letter.
Have You Been Harmed As A Result Of A Data Breach Which Has Exposed Your Private Personal, Protected Health Or Personally Identifiable Information?
If you have experienced actual or attempted harm or been the victim of fraud, due to the illegal or unauthorized exposure of your private personal, protected health or personally identifiable information, please contact Kehoe Law Firm, P.C., [email protected], for a free, confidential consultation and no-obligation evaluation of potential legal claims.
