Judge Rejects $324.5 Million Apple-Google Hiring Settlement
iStock/Thinkstock(SAN FRANCISCO) – A federal judge tossed a proposed $324.5 million settlement involving hiring practices of Apple Inc. and Google Inc. in Silicon Valley, officials announced Friday.
The class-action antitrust case claimed the tech giants made an agreement not to hire each others’ employees, the New York Times reports.
Judge Lucy H. Koh said there was evidence the companies were involved in “an overarching conspiracy” against their employees, rejecting a proposed deal from April in which 64,000 class members were set to receive an estimated $4,000 each.
Koh claimed the case was stronger than the initial proposal and promoted another trial, unless an additional approved settlement is reached.
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