German authorities have named H-P (HPQ) in a corruption case against one current and two...

|About: HP Inc. (HPQ)|By:, SA News Editor

German authorities have named H-P (HPQ) in a corruption case against one current and two ex-employees over allegations that they paid €7.5M in bribes to obtain a €35M deal to sell computer equipment to Russia's Prosecutor General Office. The case, which could lead to fine fines and other penalties for H-P, could add ammunition to a U.S. probe of H-P's practices.