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IBM, Pricewaterhouse settle U.S. claims

Source: Los Angeles Times, August 17, 2007

IBM Corp. and PricewaterhouseCoopers have agreed to pay nearly $5.3 million combined to settle allegations that they made improper payments on government technology contracts, the Justice Department said Thursday.

IBM agreed to pay nearly $3 million, while accounting firm PricewaterhouseCoopers would pay $2.3 million.

Neither company admitted wrongdoing.


........ The settlement is part of a larger, continuing federal investigation of three technology companies -- Hewlett-Packard Co., Sun Microsystems Inc. and Accenture Ltd. -- that also have been accused of providing kickbacks to federal consultants to get government tech contracts.