Suit Claims HP Paid Bribes To Win Gov't Contracts

Law360, New York (October 22, 2010, 1:15 PM EDT) -- Hewlett-Packard Co. and 11 of its current and former officers are being sued by a pension fund claiming the company violated the False Claims Act and anti-bribery statutes by paying “influencer fees” to government contractors and vendors in order to sway federal contract awards.

The shareholder derivative complaint, filed Tuesday by the Saginaw Police and Fire Pension Fund in the U.S. District Court for the Northern District of California, alleges that the defendants “knowingly allowed and rewarded” the company's violation of the Anti-Kickback Act of 1986,...
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