It is known that Apple and Google – in addition to other companies in the Silicon Valley, are no stranger to duking things out in court over lawsuits and the like. Well, it was in April three years ago that the likes of Apple, Google and Intel failed to end an anti-poaching lawsuit. This time around, Cupertino, Google and another two Silicon Valley tech companies have come to an agreement to fork out $415 million in order to settle an anti-trust class action lawsuit that alleges “no-poach” measures that were enforced to suppress employee salaries artificially.
This particular $415 million amount was made public earlier today after a court filing earlier this week pointed out that Apple, Google, Intel and Adobe had come to a whole new set of settlement terms. Do bear in mind that the $415 million amount is not an official figure – as it was gleaned from a preliminary motion.
It was last April that defendants agreed to a smaller $324.5 million settlement, although Judge Lucy Koh did not accept the offer after hearing objections from named plaintiff Michael Devine, who cited that Apple as well as the rest involved ought to “pay their fair share.” Better late than never, right?
Filed in . Read more about Adobe, Google, Intel and Legal. Source: appleinsider