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The Courts The Almighty Buck

Judge Rejects $324.5 Million Settlement For Tech Workers, Argues For More 268

An anonymous reader writes with this news from Reuters: A U.S. district judge on Friday ruled that the $324.5 million settlement negotiated by Apple, Google, Intel, and Adobe with the tech workers who brought an antitrust lawsuit against them was too low. The judge cited the settlement amount of a similar lawsuit brought against Disney and Intuit last year which resulted in plaintiffs obtaining proportionally more for lost wages. And yet, according to the judge, the current plaintiffs have "much more leverage". She cited evidence clearly showing Apple's Steve Jobs strong-arming the other companies in the suit into agreeing to a no-employee-poaching agreement, and in one instance, of Google failing to rope in Facebook into a similar agreement which resulted in a 10% increase of all Google employee salaries. In other words, clear evidence that the no-poaching agreement effectively suppressed the salaries of these companies' tech workers. Another hearing is scheduled for September 10.
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Judge Rejects $324.5 Million Settlement For Tech Workers, Argues For More

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