Intel and three other tech companies, accused of conspiring to prevent the poaching of each other’s employees, have reached a new settlement with the workers.
Judge Lucy H. Koh of the U.S. District Court for the Northern District of California, San Jose division, last year rejected a proposed settlement of US$324.5 million with the tech workers as she found it was too low. Google, Apple, Adobe Systems and Intel appealed her decision in September.
“I can only confirm there is a new settlement but cannot provide other details at this time,” wrote Daniel C. Girard, a lawyer for the workers in an email Tuesday. Papers will be filed with the court on Thursday, said Kelly M. Dermody, another attorney representing the tech employees.
