Defendant Name: Hewlett-Packard Company

Defendant Type: Public Company
SIC Code: 3571
CUSIP: 42823610

Initial Case Details

Legal Case Name In the Matter of Hewlett-Packard Company
First Document Date 09-Apr-2014
Initial Filing Format Administrative Action
File Number 3-15832
Allegation Type Foreign Corrupt Practices Act

Violations Alleged

Exchange Act
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)
Other
• Internal controls and books and records provisions ,Exchange Act

Resolutions

First Resolution Date 09-Apr-2014
Headline Total Penalty and Disgorgement $34,000,000

Related Documents:

34-71916 09-Apr-2014 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
On April 9, 2014, the SEC issued an administrative order instituting cease-and-desist proceedings against Hewlett-Packard company. The SEC alleges that "HP Co's indirect, wholly- owned subsidiaries in Russia, Mexico and Poland, by and through their employees, agents, and intermediaries, made unlawful payments to various foreign government officials to obtain business."
2014-73 09-Apr-2014 Press Release--Administrative Proceeding
SEC Charges Hewlett-Packard With FCPA Violations: Company to Pay $108 Million to Settle Civil and Criminal Cases
On April 9, 2014, the SEC announced that it charged Hewlett-Packard with violating the Foreign Corrupt Practices Act ("FCPA") when its subsidiaries in three different countries made improper payments to government officials to obtain or retain lucrative public contracts. According to the SEC's order instituting settled administrative proceedings, Hewlett-Packard lacked the internal controls to stop a pattern of illegal payments to win business in Mexico and Eastern Europe. The company agreed to pay more than $108 million to settle the SEC's charges and a parallel criminal case.
34-78351 15-Jul-2016 Administrative Proceeding
Amended Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
On July 15, 2016 the Commission issued an order approving modifications to the final judgment entered against Hewlett-Packard Company.