IBM, PWC Settle Govt. Kickback Allegations

Law360, New York (August 16, 2007, 12:00 AM EDT) -- IBM Corp. and PriceWaterhouseCoopers agreed on Thursday to pay the U.S. government around $5.3 million to settle allegations that the companies provided kickbacks to government agencies for technology contracts.

IBM agreed to pay just under $3 million and PWC, $2.3 million to settle the complaints, the U.S. Department of Justice revealed on Thursday.

The allegations were from lawsuits first filed in September 2004 by a group of whistleblowers targeting several tech vendors and systems integrators in the U.S. District Court for the Eastern District of Arkansas....
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