Ericsson investors won’t let Ekholm off the hook for Iraq

It was never going to be an easy annual general meeting for embattled Swedish kit maker Ericsson.
On Tuesday, investors representing 10 percent of Ericsson’s shares voted against discharging the board and president from liability regarding the company’s performance in fiscal 2021. That 10 percent threshold is enshrined in Swedish corporate law, and if it is reached, it means individuals can be sued over their management – or mismanagement – of the company.
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