Ericsson- Telefonaktiebolaget LM

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Company Name	Ericsson- Telefonaktiebolaget LM
Stock Symbol	ERIC
Class Period	April 24, 2013 to July 17, 2017
Lead Plaintiff Motion Deadline	June 05, 2018

The investigation concerns whether Ericsson misled investors regarding the viability of certain long term service contracts that accounted for annual revenues of over $1 billion. The truth was partially revealed on July 18, 2017, when Ericsson reported disappointing results for the second quarter ended June 30, 2017. During the related earnings call, the Company revealed that it had identified 42 long-term service contracts to date with total annual sales of almost $1 billion that Ericsson would exit, renegotiate, or transform. On this news, Ericsson ADS price fell $1.21 per share, or 16.62%, to close at $6.07 per share on July 18, 2017.

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If you suffered a loss on your Ericsson- Telefonaktiebolaget LM investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

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