A class-action claim involving than 64,000 employees of high-tech companies may settle before it reaches trial to avoid embarrassing disclosures, significant potential penalties, and adverse legal precedent.
Adobe, Apple, Google, and Intel are scheduled to defend their behavior in a courtroom next month against allegations that they conspired to avoid hiring each other's employees, thereby hindering the careers and salaries of affected workers.
The lawsuit against the companies -- a combination of several separate claims filed in 2011 -- seeks as much as $3 billion in lost wages and damages. If a jury finds the companies willfully violated antitrust law, the penalty could be tripled to $9 billion.
For the full story, see EETimes sister site InformationWeek.
— Thomas Claburn has been writing about business and technology since 1996.