Wage Fixing Lawsuit

In 2014, Adobe, Apple, Google, and Intel all agreed to settle with their employees in the lawsuit, covering nearly 65,000 employees, according to a court document obtained by CNET from US District Court Judge Lucy Koh. The lawsuit accused seven companies of conspiring to eliminate competitive hiring and keeping wages artificially low.

Lucasfilm, Pixar, and Intuit agreed to settle for a combined $20 million, covering 8 percent of the employees named in the suit.

"This is an excellent case resolution that will benefit class members. We look forward to presenting it to the Court and making the terms available," said Kelly M. Dermody, co-lead attorney for the workers.
Google and Intel confirmed that the lawsuit had been settled but declined further comment. Apple also declined to comment.

Terms of the settlement were not made public, though Reuters reported that the four companies paid a total of $324 million. Court filings indicate that the tech employees would have sought $3 billion had the case gone to trial as planned. Under antitrust law, that could have tripled to $9 billion. Whatever the eventual cost might have been, it was widely expected that the resolution of the case could lead to wide-ranging changes across Silicon Valley.
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