Mealey's Antitrust/Unfair Competition - Apple, Google Reach $324.5M Settlement In High-Tech Employees' Conspiracy Suit

Mealey's Antitrust/Unfair Competition - Apple, Google Reach $324.5M Settlement In High-Tech Employees' Conspiracy Suit

SAN JOSE, Calif. - Employees who are 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 violation of federal antitrust law moved for preliminary approval of $324.5 million in partial class action settlements with Apple Inc., Google Inc., Intel Corp. and Adobe Systems Inc. on May 22 in a federal district court in California (In Re: High-Tech Employee Antitrust Litigation, No. 11-2509, N.D. Calif.).

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