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Title: News: Apple, others likely to reach $415M settlement in poaching lawsuit [Update: settlement approved] Post by: HCK on March 05, 2015, 09:00:29 am News: Apple, others likely to reach $415M settlement in poaching lawsuit [Update: settlement approved]
A U.S. judge appears ready to accept a $415 million offer to settle a lawsuit accusing Apple and three other Silicon Valley companies of conspiring to keep employee wages low, Reuters reports. U.S. District Judge Lucy Koh rejected an earlier $324 million offer as too low after one of the plaintiffs objected. Apple, Intel, Google and Adobe are accused of agreeing not to recruit employees from the other companies, limiting job mobility to keep salaries… Source: News: Apple, others likely to reach $415M settlement in poaching lawsuit [Update: settlement approved] (http://www.ilounge.com/index.php/news/comments/apple-others-likely-to-reach-415m-settlement-in-poaching-lawsuit) |