Hewlett Packard Settles Claims of defrauding the US General Services Administration

Hewlett – Packard settled claims that it knowingly paid kickbacks to systems integrator companies in return for recommendations that federal agencies purchase H-P products.  The government also claimed that H-P defectively priced a 2002 contract with the General services Administration by failing to disclose complete information during the negotiating process.  Under the terms of the settlement, H-P will pay the government $55 million.

For more information see:  http://www.ibabuzz.com/politics/2010/08/30/hp-pays-55-mil-but-gets-up-to-800-mil-from-feds/

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