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Apple, Google, Intel, Adobe agree to $324.5 mn settlement

LiveMint logoLiveMint 23-05-2014 Bloomberg

Philadelphia: Apple Inc., Google Inc., Intel Corp., and Adobe Systems Inc. agreed to pay $324.5 million to settle an employee lawsuit over claims they conspired to suppress salaries by not recruiting one another’s workers.

Lawyers for employees who sued the companies are seeking a judge’s preliminary approval of the deal, according to court papers.

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