Court approves USD 415 mln settlement on hiring practices

Monday 7 September 2015 | 09:19 CET | News
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A US federal court has confirmed a USD 415 million settlement which ends a legal battle over alleged illegal hiring practices by Apple, Adobe Systems, Google and Intel. The judge described the agreement as "fair and reasonable". The five-year class action suit centres over allegations that the companies entered secret deals to not poach each others staff. The settlement avoided a potentially embarrassing situation for the companies, writes the San Jose Mercury News. An estimated 64,000 technical workers are covered by the claims. The settlement provides around USD 5,000 payouts per employee.

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Categories: General
Companies: Adobe Systems / Apple / Google / Intel
Countries: United States
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