A U.S. District Judge in California has rejected the $324.5 million anti-poaching settlement proposed by Apple and three other tech companies, CNBC reports. Judge Lucy Koh said the proposed amount “falls below the range of reasonableness.” Apple, Google, Adobe, and Intel — all accused of agreeing not to hire each other’s employees — agreed in May to pay former workers $324.5 million. It remains unclear what the new settlement amount will be. The former employees were initially seeking as much as $9 billion in lost wages.
Judge rejects antitrust settlement proposal from Apple, others
By Nate Benson