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$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.

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  1. VERY good (mod him up)... apk by Anonymous Coward · · Score: 1, Interesting

    What you describe is like what I've seen on industrial waste disposal fines - a big pharmaceutical concern in my area (who shall remain nameless here of course) I KNOW OF wantonly spew nasty chemicals into a nearby water source (a stream): They go to a nearby "how do I clean it up" firm who does a BIG WRITEUP for the courts on how they "WILL DO IT THAT WAY" but they never do, they pay the fine & just KEEP ON DUMPING!

    Why?

    * It's CHEAPER TO PAY THE FINES than to actually dispose of it properly is why!

    This goes on endlessly - there is NO JUSTICE, plenty of "law" though..."LAW" written by the wealthy, FOR THE WEALTHY!

    APK

    P.S.=> The wealthy 1% - Who, face it, control societies & always have & will THRU the "Holy Dollar" by paying out peanuts which you allude to since to make money, you HAVE to spend it) & write laws in their favor after all the "lobbyists" (bribers) go thru their motions buying off anyone & everyone in their way!

    (God help you IF you attempt to 'chop down their money tree' with a BETTER product or way of doing things too! Smear campaigns GALORE result then, lol!)

    Hey... who cares if you're poisoning the air & water! THE BONUSES MUST BE MADE in a world of greed largely due to over-indebtedness those @ the top bury themselves in & yes, even THEY do that, causing their greed...

    See - Imo, most folks think that type has "all the money in the world", & spend their own - they do not! Instead, they take out loans based on equities in that money + other collateral (provided they're not "upside-down" still on it owing more than the principal) & they go bad? They bankrupt & bury it after hiding monies in offshore accounts + asset transfers WAY in advance!

    (... + they have to PAY MASSIVE BRIBES to the politicians too - that "big money"? It's not as BIG as you'd think - hence, the 'greed' games)... apk