Apple agrees to new deal to settle anti-poaching lawsuit [Updated: Settled for $415 million]
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Apple agrees to new deal to settle anti-poaching lawsuit [Updated: Settled for $415 million]

  • 2015-02-13 12:06:49
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News / Mobile phones Apple agrees to new deal to settle anti-poaching lawsuit [Updated: Settled for $415 million]

Apple, Google, Intel and Adobe have agreed to enter into a settlement to resolve an antitrust class action lawsuit filed against them by tech workers in 2011.

The lawsuit accused Apple, Google and others of entering an agreement where they accepted not to poach each other’s employees. By doing this, these companies restricted the mobility and any potential increase in salary of the employees. The suite was filed by a total of 60,000 engineers and technical experts.

Last year, U.S. District Judge Lucy Koh had rejected a $324.5 million settlement from the companies to the plaintiffs citing it to be too low. The judge gave them the example of the Disney and Intuit settlement and said that the Apple, Google and others “would need to total at least $380 million” to settle the lawsuit.

The plaintiffs lawyer Daniel Girard only said that they are accepting the new agreement, but did not disclose the final amount. It is more than likely that this time around the companies have offered the tech workers a deal upwards of $380 million.

The court filing from the four companies on Tuesday only said that the plaintiffs will file an explanation about the new deal “imminently.” It will then be up to Judge Koh to accept or reject it.

Update:

Reuters reports that Apple, Google and other companies have reached a settlement for $415 million, a lot more than the previous $324.5 million settlement which was rejected by the judge.

[Via Reuters]


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