OMX Nordic Exchange Stockholm Hands Over Investigation Regarding Ericsson’s Disclosure To The Disciplinary Committee

At an analyst conference in New York held on November 20 2007, did Telefonaktiebolaget L M Ericsson specify earlier disclosed information regarding the expected sales during the fourth quarter 2007. According to the exchange, the specified information constituted price sensitive information and should therefore have been disclosed according to directions given in the listing agreement. Since Ericsson didn’t act accordingly, it is the view of the exchange that Ericsson has violated the rules in the listing agreement. The exchange has for that reason handed over the matter to the Disciplinary Committee for assessment.