FILE PHOTO: Ericsson logo is seen at its headquarters in Stockholm, Sweden June 14, 2018. REUTERS/Olof Swahnberg
STOCKHOLM (Reuters) - Activist investor Cevian Capital, one of Ericsson's largest shareholders, said on Monday it will vote against granting discharge to the company's board members, as well as its president, at the annual general meeting (AGM) on Tuesday.
Ericsson has been under fire from the U.S. Justice Department and its shareholders for not properly disclosing that its investigation in 2019 had showed the company may have paid militant organizations in Iraq.
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