Apple reaches deal with employees in lawsuit over anti-poaching policies
Update: According to Reuters, the settlement is $415 million, a big improvement over the previous $380 million offer.
Apple has reached a deal with its employees over do-not-hire policies that workers claim prevented them from getting higher-paying jobs at competing companies. Judge Lucy Koh previously rejected an offer to the tune of $324 million that the plaintiff in the case said was too low.
Today’s settlement is presumably for much more money than the original, since the plaintiff has accepted it, but the details of the deal have not yet been disclosed. Judge Koh said that the prior offer should have been closer to $380 million.