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(Reuters) — Four Silicon Valley companies including Apple Inc. and Google Inc. agreed to pay $415 million to resolve an antitrust class action lawsuit by tech workers who accused the firms of conspiring to avoid poaching each other’s employees, according to a court filing on Thursday.
Plaintiffs accused Apple, Google, Intel Corp. and Adobe Systems Inc. in the 2011 lawsuit of limiting job mobility and, as a result, keeping a lid on salaries. The settlement is $90.5 million more than a previous deal which a U.S. judge rejected last year as too low.
(Reuters) — A U.S. judge on Thursday said she had concerns about approving a $324.5 million settlement involving Apple Inc., Google Inc. and two other tech companies in a lawsuit accusing them of conspiring to avoid poaching each other's workers.