According to coach outlet reports, U.S. Department of Justice Monday (30) that the Government faced a number of HP's false accusation contract price, now reaching 55 million U.S. dollars to pay the settlement of litigation.

HP said earlier this month, in principle, and the government has reached an agreement and pay the settlement, said after the 3-quarter earnings will thus reduce the revenue of about 2 cents per share. Monday after the public announcement, the agreement has been formally finalized.

Ministry(coach bags) of Justice said that HP deliberately payment system integration company, "agency fee" to request these agencies recommended by the federal government to buy HP's products.

HP also accused the Justice Department in 2002 and the U.S. General Services Administration (General Services Administration, GSA) entered into the computer equipment,cheap coach bags and software procurement contract, asking price there are unreasonable, because the company approached the occasion of the government officials did not provide a complete market price information.

Ministry of Justice, Assistant Attorney General for civil claims Tony West: "contract business and government transactions in the need to uphold the principle of fairness."