Apple, Google, Intel Settle Giant Class Action
Adobe, Apple, Google and Intel have agreed to settle a high-stakes dispute over tech workers’ wages, attorneys said Tuesday.
Software engineers, on behalf of an estimated class of 64,000, sued the tech giants, plus Intuit and Walt Disney subsidiaries LucasFilm and Pixar, in 2010, over illegal “no cold-call agreements” that restricted or eliminated competition for high-tech employees, which “disrupted the normal price-setting mechanism that apply in the labor setting.”
The poaching ban, workers claimed , maintained internal salary structures at the companies from 2005 to 2009, and involved “gentleman’s agreements” via CEO-to-CEO emails between the late Steve Jobs and other leading Silicon Valley CEOs.
More: Courthouse News Service