Judge Lucy Koh has rejected a proposed settlement that was reached earlier this year between Apple, Google, Intel, and Adobe regarding a class action lawsuit over employee anti-poaching agreements.
The $324.5 million settlement was rejected by U.S. District Judge Lucy Koh due to an amount that fell "below the range of reasonableness." Koh was seeking at least $380 million for damages.
A judge rejected a $324.5 million settlement Friday between tech workers and companies Google, Apple, Intel and Adobe in a lawsuit accusing the firms of conspiring to avoid poaching each other's employees.
In May, the four companies agreed to pay to settle an employee antitrust lawsuit over claims they conspired to suppress salaries by not recruiting to one another's workers.
The suit was initially brought up by employees who were angry that their wages were being held down by no-hire agreements and anti-poaching agreements between the companies. The suit reportedly involves over 64,000 employees.
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The $324.5 million settlement was rejected by U.S. District Judge Lucy Koh due to an amount that fell "below the range of reasonableness." Koh was seeking at least $380 million for damages.
A judge rejected a $324.5 million settlement Friday between tech workers and companies Google, Apple, Intel and Adobe in a lawsuit accusing the firms of conspiring to avoid poaching each other's employees.
In May, the four companies agreed to pay to settle an employee antitrust lawsuit over claims they conspired to suppress salaries by not recruiting to one another's workers.
The suit was initially brought up by employees who were angry that their wages were being held down by no-hire agreements and anti-poaching agreements between the companies. The suit reportedly involves over 64,000 employees.
Read More