April 25, 2024
Judge Grants Final Approval to Settlement in Anti-Poaching Lawsuit Brought Against Apple, Others

Judge Grants Final Approval to Settlement in Anti-Poaching Lawsuit Brought Against Apple, Others

Posted September 3, 2015 at 1:22pm by iClarified
U.S. District Judge Lucy Koh has granted final approval to a $415 million settlement in a class action lawsuit brought against Apple, Google, Intel, and Adobe. The companies are accused of agreeing not to poach each other's employees, limiting job mobility and salaries.

Attorneys in the case had asked for $81 million in fees; however, Koh said the amount would be an inappropriate "windfall" and awarded them about $40 million.

The class action lawsuit was filed back in 2011 and was based around emails in which Steve Jobs and Eric Schmidt detailed plans to avoid poaching each others engineers.


A previous attempt to settle had been made at $324.5 million but Koh rejected it after a plaintiff objected.

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Judge Grants Final Approval to Settlement in Anti-Poaching Lawsuit Brought Against Apple, Others
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Comments (2)
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Jackson Browne
Jackson Browne - September 3, 2015 at 2:52pm
$40 million for the lawyers still sounds like inappropriate windfall to me. Give them $10 million max. Leaves more for the plaintiffs.
TPain
TPain - September 3, 2015 at 3:35pm
10% of the loot is fair. $10M is just being greedy. The clients wouldn't have had won without the lawyers. Pay the finders fee!
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