DOJ says Adobe agrees to $3M settlement over kickback allegations
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The U.S. Department of Justice (DOJ) on Thursday said Adobe (NASDAQ:ADBE) had agreed to pay $3M to settle kickback allegations over sales of software to the federal government.
Shares of ADBE earlier closed +2.4% at $378.80, snapping a five-day losing streak. The stock was unchanged after hours.

The DOJ alleged that ADBE had made improper payments under its Solution Partner program to companies that had a relationship with the government that allowed them to influence federal purchases of ADBE software.
"Between January 2011 and December 2020, Adobe allegedly paid the companies a percentage of the purchase price of the software," the DOJ said in a statement.
"The United States contends that these payments constituted prohibited kickbacks that resulted in Adobe causing false claims for payment to be submitted to federal agencies," the statement added.