SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Telefonaktiebolaget LM Ericsson (ERIC)

NEW YORK, April 11, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Telefonaktiebolaget LM Ericsson ("Ericsson" or the "Company") (NASDAQ: ERIC). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/eric.

The investigation concerns whether Ericsson and certain of its officers and/or directors have violated federal securities laws.

On July 18, 2017, Ericsson disclosed that it would be terminating, renegotiating or revising 42 long-term service contracts with total annual sales of almost $1 billion.  On this news, Ericsson's American Depositary Share price fell $1.21, or 16.62%, to close at $6.07 on July 18, 2017.

If you are aware of any facts relating to this investigation, or purchased Ericsson shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/eric. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]

SOURCE Bronstein, Gewirtz & Grossman, LLC