Plaintiff In Tech Hiring Suit Asks Judge To Reject Settlement
An anonymous reader writes with news that Michael Devine, one of the plaintiffs in a lawsuit accusing tech firms including Apple and Google of conspiring to keep salaries low, has asked the court to reject a $324 million settlement. "Apple has more than $150 billion in the bank, eclipsing the combined cash reserves of Israel and Britain. Google, Intel and Adobe have a total of about $80 billion stored up for a rainy day. Against such tremendous cash hoards, $324 million is chump change. But that is what the four technology companies have agreed to pay to settle a class action brought by their own employees. The suit, which was on track to go to trial in San Jose, Calif., at the end of May, promised weeks if not months of damaging revelations about how Silicon Valley executives conspired to suppress wages and limit competition. Details of the settlement are still under wraps. 'The class wants a chance at real justice,' he wrote. 'We want our day in court.' He noted that the settlement amount was about one-tenth of the estimated $3 billion lost in compensation by the 64,000 class members. In a successful trial, antitrust laws would triple that sum. 'As an analogy,' Mr. Devine wrote, 'if a shoplifter is caught on video stealing a $400 iPad from the Apple Store, would a fair and just resolution be for the shoplifter to pay Apple $40, keep the iPad, and walk away with no record or admission of wrongdoing? Of course not.' 'If the other class members join me in opposition, I believe we will be successful in convincing the court to give us our due process,' Mr. Devine said in an interview on Sunday. He has set up a website, Tech Worker Justice, and is looking for legal representation. Any challenge will take many months. The other three class representatives could not be reached for comment over the weekend."
you dont join class actions. Everyone should know by now that the only people who get rich in class actions are the lawyers. If you believe you have been wronged, bring a suit yourself
have you seen my sig? there are many others like it but none that are the same
Time for a union that is only way to get the power to the workers!
Mr. Devine said he told his lawyers that he found the settlement inadequate as it was being negotiated, but they ignored him. Lawyers in the case declined to comment on Sunday. ...
As a class representative, he is eligible for an incentive award for the time and effort he put into the case. His lawyers have asked the court to approve a $20,000 payment for each representative from settlements reached last year against three other defendants in the suit — Lucasfilm, Pixar and Intuit. A similar payment might be forthcoming from the settlement with Apple, Google, Intel and Adobe. Even if the case went to trial and the plaintiffs got the full $9 billion, he would not get much more.
RTFA, the reward is about 1/10 of the damage done, insulting and hardly a deterrent.
Cheap storage VM.
assuming that attorneys don't eat all the settlement money, this is what, like $6,000 bucks per person in the class?
Your
Libertarians are not against unions. Show me one source that shows that libertarians are against the right of people to associate or not associate however they wish. They are against laws that force employers to recognize unions and bargain with them as well as the laws that force employees to become paying union members even if they don't want to.
Negative moral value of force outweighs the positive value of good intentions.