US: Silicon Valley non-poaching defendants seek settlement approval

The defendants named in a high-profile lawsuit over non-poaching agreements have reportedly filed to have their $324.5 million settlement approved by a judge.

Apple, Google, Intel and Adobe reached the settlement offer last month, but it wasn’t until last Thursday that the proposal was filed and the terms of the settlement became officially disclosed.

The defendants were accused of violating competition law and unfairly keeping workers’ wages artificially low by agreeing not to hire each others’ employees. Thousands of tech workers had joined the class action.

The $324.5 million is only a fraction of what the class had sought in damages.

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