Hewlett-Packard will seed a $13.5 million California state fund that will finance future prosecutions of privacy and intellectual property crimes, under terms of a civil settlement stemming from the company’s highly publicized leak investigation.
The Palo Alto, Calif., company will also pay a $650,000 fine and $350,000 to cover the attorney general’s probe into allegations that Hewlett-Packard executives authorized the use of “pretexting,” or lying, to obtain the private phone records of board members and reporters.
