Pando: Judge gives final approval to $415m settlement in Techtopus wage-fixing suit
Gregory Alan Bolcer stashed this in Own Worst Enemy
Stashed in: Google FAIL
Is a $6000 settlement per mistreated employee good?
After years of legal fighting, the Techtopus wage theft suit against Apple, Google, Intel, Adobe, Intuit, Lucasfilm and Pixar has finally reached its final approved settlement.
Last year, Judge Lucy Koh rejected a $324.5 million settlement as too low after objections were raised by some plaintiffs including Michael Devine, who has spoken regularly to Pando about the case.
Today's final approval sees the total settlement formally increased to $415m, with most plaintiffs receiving around $5,770, according to PCWorld.com. That's an increase of around $700 each on the original settlement...
I guess if they agree to not doing it again. That's been the problem with the lawsuit the whole time. The damages were incalcuable. They had to assign a hypothetical number based on what might have happened if those companies hadn't colluded.
Right. Agreed. And it sounds like they're agreeing not to do it again.
Sounds equivalent to a one time 5% raise, but we read about major employees switching between those companies for huge bonuses. As the old saying goes, you know it's a good compromise if nobody is happy with the outcome.
Yeah, that's true. And definitely employees have been jumping between those organizations a lot more recently, as a quick search on LinkedIn reveals.