USA TODAY: Settlement tossed in tech hiring case

From USA TODAY

Settlement tossed in tech hiring case

SAN FRANCISCO — A federal judge tossed a $324.5 million class action settlement in a lawsuit filed by technology workers who allege major Silicon Valley companies including Apple and Google kept a lid on wages and limited their job mobility by agreeing not to poach each other’s employees. In her ruling, U.S. District Judge Lucy Koh said the proposed settlement “falls below the range of reasonableness.” Two other companies, Intel and Adobe, were also part of the settlement. It is the latest twist in the high-profile lawsuit filed in 2011 that plaintiffs allege affected tens of thousands of technology workers. The plaintiffs in the case alleged that the companies violated antitrust laws by engaging in a “conspiracy” between 2005 and 2009 to limit compensation and job movement.

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