HP agrees to pay 'kickback' settlement of $55m
The Department of Justice has announced that HP has agreed to pay $55m (£35m) to settle allegations under the False Claims Act that the company paid unlawful kickbacks to secure federal government contracts, according to the Guardian.On 3 August, HP announced that it was settling the case with the DoJ and that the move would impact the company's fiscal third-quarter revenue negatively by two cents per share, though it said that the decision did not equate to any admission of wrongdoing.