Defendant Name:
Hewlett-Packard Company
Defendant Type:
Public Company
SIC Code:
3571
CUSIP:
42823610
Document Reference:
34-71916
Document Details
Legal Case Name
In the Matter of Hewlett-Packard Company
Document Name
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
Document Date
09-Apr-2014
Document Format
Administrative Proceeding
Allegation Type
Foreign Corrupt Practices Act
Document Summary
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."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Other Compliance Related Undertaking
HP will report to the SEC periodically the status of its remediation and implementation of compliance measures
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Disgorgement
Individual:
$29,000,000.00
Shared:
Pre-Judgment Interest
Individual:
$5,000,000.00
Shared:
