HP To Pay $16.3M To Exit E-Rate Fraud Probe

Law360, New York (November 10, 2010, 6:53 PM EST) -- Hewlett-Packard Co. will pay the government $16.25 million to settle claims that it took part in a scheme to bribe Texas public school officials to win service contracts under a federal initiative to bring Internet access to needy schools, regulators announced Wednesday.

HP agreed to the deal to end its role in a pair of 2005 whistleblower suits over competitive bidding violations in the Dallas and Houston Independent School Districts with respect to the federal E-rate program, the Department of Justice and Federal Communication Commission announced....
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.