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article imageHP in $14.5m settlement after leak fiasco

By bobSP     Dec 7, 2006 in Business
HP has agreed to pay $14.5m to settle civil claims brought by California’s top prosecutor in the wake of an internal investigation into boardroom leaks that plunged the computer maker into crisis this year.
Under the deal, HP agreed to pay $13.5m to create a “Privacy and Piracy Fund” inside the California attorney-general’s office. The fund will be used to investigate and prosecute violations of privacy and intellectual property laws.
This comes in the wake of an internal investigation of who was leaking boardroom information..they spied on board members, the press, families, and friends of people who worked at HP.
They were also ordered to pay $650,000 in penalties and $350,000 to cover the cost of the attorney-general’s investigation into the scandal...all this money is to avoid a full-fledged civil suit from the attorney-generals office.
HP got caught trying to do what (I'm sure) most other huge companies do, and now they're paying for their scummy tactics.
More about Hp, In $145m settlement after leak crisis
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