Apple, Google agree to settle antitrust lawsuit over hiring deals-filing
SAN FRANCISCO, April 24
SAN FRANCISCO, April 24 (Reuters) - Four major tech companies including Apple and Google have agreed to settle a large antitrust lawsuit over no-hire agreements in Silicon Valley, according to a court filing on Thursday.
Terms of the deal were not disclosed.
Tech workers filed a class action lawsuit against Apple Inc , Google Inc, Intel Inc and Adobe Systems Inc in 2011, alleging they conspired not to poach one another's employees in order to avert a salary war. Trial had been scheduled to begin at the end of May on behalf of roughly 60,000 workers in the class. (Reporting by Dan Levine)