55 East Monroe Street
Suite 3300
Chicago, Illinois 60603-5792

EMC Agrees to Pay $87.5 Million to Settle U.S. Probe

February 26, 2010
Reuters

EMC Corp. said on Friday that it has agreed to pay $87.5 million to settle a U.S. probe into its pricing practices on sales to federal government agencies, without admitting any wrongdoing.

"EMC and the Department of Justice have agreed in principle to a settlement," said EMC spokesman Dave Farmer.

The deal averts the risk that the maker of data storage equipment could be suspended or disbarred from selling goods to the U.S. government, one of the world's biggest buyers of technology products. To read the complete article click here.

Attorneys at law

 

resources

False claims act basics

Newsroom

Our successes

Our website uses cookies to improve your experience. By continuing to use this website, you are agreeing to our Cookie Policy.