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HP settles kickbacks case for $55 million

Posted on Tuesday, August 31 2010 @ 18:39:30 CEST by

AFP reports HP has agreed to pay $55 million dollars to settle a kickbacks case:
Hewlett-Packard has agreed to pay 55 million dollars to settle claims the US computer giant defrauded the US government, the Justice Department announced Monday.

The settlement resolves allegations that HP paid kickbacks to systems integrator companies in return for recommendations that US agencies buy HP products, the department said in a statement.

It also resolves claims that a 2002 contract between HP and the General Services Administration, the US government's chief procurement body, was defectively priced because HP provided incomplete information to the GSA.



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