A U.S. district judge in San Jose has denied preliminary approval to the $324.5 million settlement that California companies Apple, Google, Intel, and Adobe Systems created to avoid trial over a class action suit regarding their secret agreement to not hire each other’s workers, Bloomberg reported on August 11.
The case was filed in 2011 on behalf of 64,000 workers in an attempt to hold top Silicon Valley company executives responsible for brokering they engaged in at the expense of their employees. U.S. District Judge Lucy H. Koh rejected the settlement, claiming it was insufficient. The class action suit filed against the Silicon Valley companies is considered High-Tech Employee Antitrust Litigation.
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