Friday, April 16, 2010

U.S. Joins HP Bribery Probe, Gibson Dunn to Advise. The fun just never stops on Wall Street.

Joe Warin, chairman of Gibson Dunn's Washington D.C. litigation department (photo by Christopher Matthews / Main Justice)

By Christopher M. Matthews | April 16, 2010 11:37 am

The U.S. Justice Department and the Securities and Exchange Commission have joined a widening German and Russian probe into potential bribes paid by Hewlett Packard Co. executives to officials in the Russian government, according to a Wall Street Journal story published Thursday (subscription required).
Citing “people familiar with the matter,” the Journal said that the DOJ and SEC were investigating whether the California-based computer manufacturer had violated the Foreign Corrupt Practices Act
According to the article, a company spokeswoman said that HP had discussions talked to the SEC Thursday about the German investigation “and is fully cooperating with U.S. and German authorities on this matter.”...