News

HP pays $108 million to settle bribery investigation

SEC, DOJ finds tech company violated the Foreign Corrupt Practices Act

Palo Alto-based Hewlett-Packard has agreed to pay a $108 million settlement following an investigation by the U.S. Department of Justice and Securities and Exchange Commission of alleged bribery activities conducted by its subsidiaries in Russia, Poland and Mexico.

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Elena Kadvany

Comments

Like this comment
Posted by another HP scandal
a resident of Downtown North
on Apr 9, 2014 at 12:34 pm

First the "pretexting" spying scandal and now this bribery scandal. Why is HP still in business? Why are no CEOs in jail for these crimes?


Like this comment
Posted by Wondering?
a resident of Another Palo Alto neighborhood
on Apr 9, 2014 at 5:26 pm

So exactly how much corruption, and bribery, took place? Why not lay out the case, so that we can actually see who was doing what to whom?

And the question about jail time for those in the management chain should be on the table. Where is Anna Eshoo on this? [Portion removed.]


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