Apple reaches settlement in class action suit over wage suppression [updated]<div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p><a href='
http://www.imore.com/apple-reaches-settlement-class-action-suit-over-wage-suppression' title="Apple reaches settlement in class action suit over wage suppression [updated]"><img src='
http://www.imore.com/sites/imore.com/files/styles/large_wm_brw/public/field/image/2013/01/apple-storefront.jpg?itok=X8b4O8rO' />[/url]</p> <p><strong>Update:</strong>
Reuters has just reported that the final amount of the settlement is $415 million.</p> <p><strong>Original Story:</strong>
Apple, along with several other tech companies, has reached a settlement deal today in a class action suit concerning anti-poaching policies that may have suppressed wages among tech workers in Silicon Valley.</p> <!--break--> <p>While it's unclear what the terms of the settlement are, the judge in the case had already rejected quite a large sum in a previous settlement proposal. From
Reuters:</p>
<p>Workers accused the firms of conspiring to avoid poaching each other's employees. U.S. District Judge Lucy Koh in San Jose, California, last year rejected a $324.5 million settlement of the lawsuit as too low after one of the named plaintiffs objected.</p>
<p>The suit has been going on for a while, and previously unearthed some damning emails from 2007 in which Steve Jobs had threatened Palm with
legal action over hiring employees away from Apple.</p> <p>Source: Reuters
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Apple reaches settlement in class action suit over wage suppression [updated]
