The Federal Trade Commission said Wednesday several private investigators who were involved in a boardroom spying case at Hewlett-Packard Co. will pay $600,000 in settlements and judgments to settle the case.
A complaint was filed last year by the FTC because the investigators allegedly illegally obtained private phone records, also called "pretexting."
The investigators were hired by Palo Alto-based HP (NYSE:HPQ) in 2005 to examine private telephone logs of journalists, board members and company employees to find the source of leaks to the media payday loan online.
The FTC settlement includes a $67,000 penalty against Matthew DePante, his father, Joseph DePante, and their former company, Action Research Group Inc.
Silicon Valley / San Jose Business Journal
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