Four major Silicon Valley companies have formally agreed to pay $324.5 million to settle claims brought by employees accusing them of colluding not to poach each other's talent. The settlement, between Apple Inc, Google Inc, Intel Corp, Adobe Systems Inc and roughly 64,000 workers, was disclosed in papers filed late Thursday with the federal court in San Jose, California. U.S. District Judge Lucy Koh has been asked to preliminarily approve the accord at a June 19 hearing, over an objection by one of the four named plaintiffs. That plaintiff, Michael Devine, said the settlement let the companies off too easily.
via Tech News Headlines - Yahoo News http://ift.tt/1p1dKIQ
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