Apple Google Intel and Adobe to Settle Anti-Poaching Suit

Kelly M. Dermody of the national plaintiffs’ law firm Lieff Cabraser Heimann & Bernstein, LLP, announced today that a settlement has been reached with Apple Inc., Google Inc., Intel Corporation, and Adobe Systems Inc. in the class action lawsuit charging that these companies violated federal antitrust laws by conspiring for years to suppress the pay of technical, creative, and research and development employees, including by agreeing not to actively recruit each other’s employees. The terms of the settlement are confidential until Plaintiffs file their settlement papers with the Court next month. [Read more…]