$415 Million Settlement Approved In Tech Worker Anti-Poaching Case

An anonymous reader writes: Adobe, Apple, Google, and Intel have been embroiled in a high-profile court case accusing them of creating anti-poaching agreements in an attempt to keep tech industry salaries under control. Now, Judge Lucy Koh has ruled that the $415 million settlement against the tech giants is fair, and will stand. Koh also cut in half the amount awarded to the attorneys in the case. The lawsuit was a class-action originally joined by about 64,000 workers. Other companies were involved with the case, and reached settlements earlier, and a few members of the class action may opt out of any settlement. But the remaining members will only get something in the vicinity of $6,000 apiece for the damage done to their earnings.

Comments

Attorneys' fee reduction - A Good Thing

[davidwr]

From the article in the 2nd link:

Attorneys representing the plaintiffs had requested around $81 million in fees. But Koh nixed that amount, saying it would be a "windfall" for the lawyers and instead awarded them $40 million.

Way to go judge!

On the other hand, even $40M is probably too high for the amount of work done and risk taken.