Arab Today, arab today sillicon valley firms in agreement over nonpoaching accord
Last Updated : GMT 06:11:27
Arab Today, arab today
Arab Today, arab today

Sillicon Valley firms in agreement over non-poaching accord

Arab Today, arab today

Arab Today, arab today Sillicon Valley firms in agreement over non-poaching accord

Google is among four firms prepared
New York - AFP

Apple, Google, Intel and Adobe are prepared to reach a $415 million settlement with several plaintiffs over charges they colluded not to hire each others' employees, the New York Times reported Thursday.
In order to prevent a trial and the release of a myriad of incriminating emails, the firms, the four remaining defendants in the case, are offering to pay $415 million, the Times said, quoting an anonymous source with knowledge of the negotiations.
It said the sum is acceptable to the 64,000 plaintiffs and that court papers could be filed as early as Thursday. If a judge accepts the conditions, the case would be closed.
In a class action suit filed in 2011, the titans of the tech industry were accused of hindering the mobility and salaries of the plaintiffs by agreeing not to poach each others' workers.
A first settlement offering $324.5 million in exchange for the dropping of the suit was signed in April 2014. But one of the plaintiffs argued it was not enough money for some of the country's richest firms, and a judge agreed.
Three other companies targeted in the suit -- Intuit, Lucasfilm and Pixar -- had settled in 2013 for $20 million.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sillicon valley firms in agreement over nonpoaching accord Arab Today, arab today sillicon valley firms in agreement over nonpoaching accord

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sillicon valley firms in agreement over nonpoaching accord Arab Today, arab today sillicon valley firms in agreement over nonpoaching accord

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday