Ubiquiti (UI)

Hunterbrook Media published on Ubiquiti (NYSE: UI — $33.4 billion), a Wi-Fi router company. Hunterbrook alleged that “[Ubiquiti’s] networking gear is powering Russian battlefield communications in Ukraine” and found that “Ubiquiti networking equipment is so essential to Russia’s war effort that vendors selling Ubiquiti devices sent us letters they said were from the Russian military and its supporters thanking them.” Hunterbrook also posed as a Russian buyer and found that Ubiquiti distributors were willing to ship Ubiquiti products to Russia, in violation of sanctions. In 2014, Ubiquiti agreed to settle charges of violating U.S. sanctions for allowing its products to be sold in Iran.