$US415M tech worker settlement OK'd

A US judge has tentatively approved a $US415 million class action settlement for Silicon Valley tech workers of companies like Apple and Google.

A federal judge has tentatively approved a $US415 million ($A530.69 million) settlement in a major class action lawsuit by Silicon Valley workers who accused Apple, Google and other tech companies of making an illegal agreement not to hire each other's employees.

Judge Lucy Koh had rejected an earlier settlement offer, saying it wasn't enough compensation to about 64,000 workers affected by the case. She cited evidence of a corporate conspiracy to make it difficult for tech workers to negotiate better jobs at rival companies.

Koh said she was satisfied this week after the companies increased their earlier offer of $US324.5 million.

She invited final comments on the deal before she grants final approval at a hearing on June 9.


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Source: AAP


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