Ericsson (NASDAQ:ERIC) will plead responsible to beforehand deferred expenses in a Justice Dept. bribery investigation and pay a high-quality of just below $207M, resolving a deferred prosecution settlement from 2019.

Ericsson inventory (ERIC) was up 2.4% after hours Thursday.

The corporate admits to violating that 2019 cope with prosecutors after failing to correctly disclose info on its actions in Djibouti, China, Vietnam, Indonesia, and Kuwait.

Ericsson is pleading responsible to “participating in a long-running scheme to violate the International Corrupt Practices Act by paying bribes, falsifying books and information,” the DOJ mentioned, and for failing to implement cheap inside accounting controls in a number of nations.

As an alternative of honoring a dedication made for the deferred prosecution settlement, “Ericsson repeatedly failed to completely cooperate and didn’t disclose proof and allegations of misconduct in breach of the settlement,” mentioned Assistant Lawyer Normal Kenneth A. Well mannered Jr. “Because of these damaged guarantees, Ericsson should plead responsible to 2 prison offenses and pay an extra high-quality.”

Ericsson says it isn’t adjusting long-term monetary targets it is given, because it does not anticipate materials deviations there.

“This decision is a stark reminder of the historic misconduct that led to the DPA,” CEO Börje Ekholm mentioned. “We’ve realized from that and we’re on an necessary journey to remodel our tradition.”