Close ad

The four-year lawsuit between Apple, Google, Intel and Adobe and their employees is finally over. On Wednesday, Judge Lucy Koh approved a $415 million settlement that the aforementioned four companies must pay to employees who they said colluded to cut wages.

An antitrust class action was filed against the giants Apple, Google, Intel, and Adobe back in 2011. The employees accused the companies of agreeing not to hire each other, which led to a limited supply of labor and lower wages.

The entire court case was closely watched, as everyone expected how much compensation the technology companies would have to pay. In the end, it is about 90 million more than originally Apple et al. proposed, but the resulting $415 million still falls short of the $XNUMX billion sought by the plaintiff employees.

However, Judge Koh ruled that $415 million was sufficient damages, and at the same time reduced the fees for the attorneys representing the employees. They asked for 81 million dollars, but in the end they got only 40 million dollars.

The original case, which involved around 64 employees, also involved other companies such as Lucasfilm, Pixar or Intuit, but these companies had settled with the plaintiffs earlier. In the entire case, the court was mainly guided by e-mails between Apple co-founder Steve Jobs, the former head of Google Eric Schmidt and other high-ranking representatives of competing companies, who wrote to each other about the fact that they would not take over each other's employees.

Source: Reuters
.