Case Description
As part of a negotiated settlement, the State of Florida sought civil damages, alleging that International Business Machines Corporations (IBM) conspired with Cunningham-Woods and Anthony Panariello to rig the bid for a Liebert Frequency Converter purchased by the Broward County School Board, thus restraining competition for computer services. In order to resolve the dispute, IBM agreed to a settlement sum of $72,213 and $27,000 in computer equipment, distributed to Broward County.
