Cisco, Westcon Pay $48M To Resolve FCA Claims

Law360, New York (September 7, 2010, 7:22 PM EDT) -- Cisco Systems Inc. and Westcon Group North America have agreed to pay $48 million to settle allegations that they violated the False Claims Act by withholding information during negotiations with government procurers.

The two companies knowingly provided incomplete information to U.S. General Services Administration contracting officers during negotiations over Westcon's contract with the GSA.

The alleged withholding of information caused the government to pay more than it should have for Cisco products, the U.S. Department of Justice said in a statement released Tuesday.

The settlement ends...
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