Mealey's Antitrust/Unfair Competition - Partial Settlements In Class Suit Against High-Tech Employers Get Final Approval

Mealey's Antitrust/Unfair Competition - Partial Settlements In Class Suit Against High-Tech Employers Get Final Approval

SAN JOSE, Calif. - A federal judge in California on May 16 granted final approval to $20 million in partial class action settlements with Intuit Inc., Lucasfilm Ltd. and Pixar of an antitrust suit accusing high-tech companies of conspiring to fix and suppress employee compensation and to restrict employee mobility by entering into agreements not to compete for one another's employees (In Re: High-Tech Employee Antitrust Litigation, No. 11-2509, N.D. Calif.).

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