You are here

High-tech workers to get US$4K

Monday, May 26, 2014

SAN FRANCISCO—Nearly 60,000 high-tech workers are likely to receive an average of US$4,000 apiece in a settlement of a class-action lawsuit alleging Apple and Google conspired in an illegal cartel of Silicon Valley employers that secretly refused to recruit each other’s engineers. The estimate is based upon an analysis of court documents in the case, including the terms of a US$324.5 million settlement outlined for the first time in a filing made late last week.



The final amounts paid to each of the eligible workers will vary depending on their salaries during the four-year period covered by the lawsuit. A federal judge still must approve the settlement, which is already facing resistance from one of the workers representing the entire class. A hearing on the settlement is scheduled for June 19 in a San Jose, California, federal court.


The US$324.5 million settlement will be paid by Apple Inc, Google Inc and two other Silicon Valley companies, Intel Corp and Adobe Systems Inc, accused of colluding to corral their top technology workers.





User comments posted on this website are the sole views and opinions of the comment writer and are not representative of Guardian Media Limited or its staff.

Guardian Media Limited accepts no liability and will not be held accountable for user comments.

Guardian Media Limited reserves the right to remove, to edit or to censor any comments.

Any content which is considered unsuitable, unlawful or offensive, includes personal details, advertises or promotes products, services or websites or repeats previous comments will be removed.

Before posting, please refer to the Community Standards, Terms and conditions and Privacy Policy

User profiles registered through fake social media accounts may be deleted without notice.