Apple, Google, Adobe, Intel reach settlement over wage-fixing lawsuit
Following a class-action lawsuit that was filed by workers against seven of the biggest tech companies, Adobe, Apple, Google, and Intel have reportedly agreed for an out of court settlement with their employees.
Under the lawsuit, employees had accused the companies of conspiring to eliminate competitive hiring and keeping wages artificially low.
According to a court document obtained by CNET from US District Court Judge Lucy Koh, Adobe, Apple, Google, and Intel have all agreed to settle with their employees in the lawsuit, covering nearly 65,000 employees.
Kelly M. Dermody, co-lead attorney for the workers said that this is an excellent resolution of the case that will benefit class members, adding that she looks forward to presenting it to the Court and making the terms available.
While Google and Intel confirmed that the lawsuit had been settled, the declined to comment further, the report added.
(Posted on 26-04-2014)
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