IDG News Service - Hewlett-Packard has reached a settlement with the U.S. Department of Justice over allegations that HP paid kickbacks to systems integrators in order to help it secure government contracts, the company said on Monday.
As a result of the settlement, HP expects to take a one-time charge of about $0.02 per share against its earnings for the third quarter, the company said.
The DOJ said in 2007 that it had joined three whistleblower suits alleging that HP, Accenture and Sun Microsystems improperly solicited and provided payments for technology contracts with U.S. government agencies starting in the late 1990s.
HP allegedly paid more than $3 million to systems integrators between 2001 and 2006 in exchange for favorable treatment on government contracts, according to DOJ filings.
The lawsuits were originally filed in 2004 by Norman Rille, who was then a senior manager with Accenture, and Neal Roberts, a partner at PricewaterhouseCoopers.
On Monday, HP said its settlement with the DOJ also resolves the complaints in the case filed by Rille. As part of the settlement, HP admits to no wrongdoing. The settlement must be approved by the court, the DOJ and other agencies.
This pilot fish is a contractor at a military base, working on some very cool fire-control systems for tanks. But when he spots something obviously wrong during a live-fire test, he can't get the firing-range commander's attention.
- IT Certification Study Tips
- Register for this Computerworld Insider Study Tip guide and gain access to hundreds of premium content articles, cheat sheets, product reviews and more.
- Reduce federal infrastructure risk with compliance management and situational awareness
- IBM continuous monitoring and management solutions deliver real-time situational awareness to help federal agencies understand vulnerabilities, and protect the infrastructure.
- 5 Things You Didn't Know About Cloud Backup
- IT departments are embracing cloud backup, but there's a lot you need to know before choosing a service provider. Learn all the critical...
- What is this "File Sync" Thing and Why Should I Care About It?
- All of a sudden, getting a file from your work laptop to your iPad became as simple as clicking "Save." So it's no...
- The Truth About Cloud Security
- "Security" is the number one issue holding business leaders back from the cloud. But does the reality match the perception?
- The 5 Big Lies About Going Mobile
- You've heard about the power of mobile to change your business. But have you realized your mobile potential? It's about much more than... All Government IT White Papers
- NSS Labs & Cisco Present: Evaluating Leading Breach Detection Systems Today's constantly evolving advanced malware and APTs can evade point-in-time defenses to penetrate networks. Security professionals must evolve their strategy in lockstep to...
- Will the Real Endpoint Threat Detection and Response Please Stand Up? This webinar explores new technologies & process for protecting endpoints from advanced attackers as well as the innovations that are pushing the envelope...
- What should I look for in a Next Generation Firewall? SANS Provides Guidance With so many vendors claiming to have a Next Generation Firewall (NGFW), it can be difficult to tell what makes each one different....
- Why Are Customers Really Deploying an NGFW? It seems every IT Security expert is talking about the NGFW, but what are people really doing? This webcast covers 5 real-world customer...
- Charting Your Analytical Future - "Making predictive analytics part of your business processes" Webinar This session will show how predictive analytics can be used throughout the organization by anyone looking for answers and how organizations can make...
- All Government IT Webcasts