Sunday, August 19, 2007
PwC and IBM Settle $5.3 Million False Claims Suit
PricewaterhouseCoopers and IBM Corp. have agreed to pay nearly $5.3 million combined to settle allegations that they made improper payments on government technology contracts. Neither company has admitted any guilt in the settlement.
The lawsuit was originally filed by Normal Rille and Neal Roberts under qui tam provisions of the False Claims Act. Rille and Roberts allege that the companies solicited, paid money, or provided other benefits to other companies to secure government tech contracts.
The settlement is part of a larger, continuing federal investigation of three technology companies that also allegedly provided kickbacks in return for government contracts. These companies are Sun Microsystems Inc., Hewlett-Packard Co., and Accenture Ltd.
Click here to read the LA Times Article about PricewaterhouseCoopers and IBM Settle False Claims Suit.
Posted by Quitam Help Admin on 08/19 at 06:50 PM
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