Judge rejects $324 million settlement from Apple, Google, and others over no-hire scandal
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Judge Lucy Koh of California has rejected a proposed settlement by Apple, Google, and other companies that allegedly agreed to not poach or hire each others’ employees. Court documents say that Koh said the $324 million settlement wasn’t high enough to compensate for the lost wages employees may have suffered. The companies first proposed the settlement in April; now, they’ll need to go back to the drawing board and come back with a higher number in order to avoid taking the issue to trial.
The case in question involves four companies: Apple, Google, Intel, and Adobe. Workers claim that from 2005 to 2009, company executives had routinely collaborated to keep from hiring employees away from their jobs an anti-competitive practice. E…