• Apple and Google Agree to New Settlement Terms in Anti-Poaching Lawsuit

    Apple and Google both appear to have agreed to new terms to settle on a class action lawsuit alleging artificial suppression of wages through cross-company anti-poaching measures. The two tech giants are amount four companies who signed off on the revamped conditions that will possibly bring an end to the drawn out antitrust lawsuit according to Reuters. Although the sum hasn’t been revealed, the publication took note that at least one of the named plaintiffs who disagreed with an initial offer is now on board with the latest amount.

    For those of you who didn’t know, in 2011, employees working for Apple, Google, Intel and Adobe filed suit against their employers over supposed “no poach” rules put in place by company executives including Apple CEO, Steve Jobs. The plaintiffs in the case claim that the companies pooled together and implemented several anti-poaching guidelines to retain talent including “do not all” lists, emails and personal correspondence. After being granted class status in October by US District Court Judge Lucy Koh, the number of plaintiffs in the case ended up going upward of six figures.

    A US Department of Justice ended up leveling similar claims after an email came to light in 2009, supposedly detailing anti-competitive agreements between Apple and Google. This case was ultimately settled out of court in 2010. The Cupertino California company previously attempted to settle the class-action dispute last April for a reported $324.5 million but Judge Koh rebuked the deal stating that the tech giants should “pay their fair share” compared to the companies that already settled including Intuit, Pixar and Lucasfilms.

    We’ll have to see if the court case will come to a close or if the case will continue to drag on longer than it already ahs.

    Source: Reuters
    This article was originally published in forum thread: Apple and Google Agree to New Settlement Terms in Anti-Poaching Lawsuit started by Akshay Masand View original post
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