Apple shareholder files class action over anti-poaching agreement | iLounge News

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Apple shareholder files class action over anti-poaching agreement

An Apple shareholder has filed a class action lawsuit against Apple’s board and the estate of Steve Jobs, Patently Apple reports. The lawsuit is based on another suit involving Apple’s anti-poaching agreement with Google, Adobe, Intel — that case recently saw the defendants’ settlement proposal rejected. This new suit claims that Apple’s decision to enter the anti-poaching agreement damaged the company’s value. The suit, filed by shareholder R. Andre Klein, accuses Apple of breach of fiduciary duty, gross mismanagement, and waste of corporate assets.

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