Tech giants to settle wage fixing class action suit

Terms and amount of settlement will be disclosed in May.

In the technology industry, the right skills carry big salaries and competition for able employees can be fierce. Just as fierce, are the legal ramifications when employers collude to keep salaries artificially low. That ferocity was felt by some big names this week as, Adobe Systems, Intel, Google and Apple settled a three-year-old class action lawsuit with 64,000 employees for allegedly conspiring to suppress worker pay.

The tech giants are accused of working together to prevent engineers and other skilled laborers from switching to better paying jobs with other companies within the circle. The settlement prevents probes that may have sullied the reputations of top-brass executives at these companies, including the late Steve Jobs.

Executive Editor

author image

Chris DiMarco

Chris DiMarco, Executive Editor of InsideCounsel magazine, has a background in multimedia production with previous involvement in projects in which he developed and created content...

Bio and more articles

Join the Conversation

Advertisement. Closing in 15 seconds.