Tuesday, May 13, 2014

Plaintiff In Tech Hiring Suit Asks Judge To Reject Settlement

An anonymous reader writes with news that Michael Devine, one of the plaintiffs in a lawsuit accusing tech firms including Apple and Google of conspiring to keep salaries low, has asked the court to reject a $324 million settlement. "Apple has more than $150 billion in the bank, eclipsing the combined cash reserves of Israel and Britain. Google, Intel and Adobe have a total of about $80 billion stored up for a rainy day. Against such tremendous cash hoards, $324 million is chump change. But...

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