Hewlett-Packard today agreed to pay a total of $108 million to the Securities and Exchange Commission to settle civil and criminal charges over violations of the Foreign Corrupt Practices Act.
On April 9, H-P agreed to pay $29 million in disgorgement, including $26.4 million to the SEC, and $2.5 million to satisfy an IRS forfeiture as part of the criminal matter. H-P also agreed to pay the SEC $5 million in prejudgment interest, and fines totaling $74.2 million in the criminal case, bringing the total amount in disgorgement and penalties to more than $108 million.
