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U.S. judge approves $415M settlement in tech worker lawsuit

reuters.com

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Re: U.S. judge approves $415M settlement in tech worker lawsuit

#5
post #3

This conspiracy is by far the most intentionally evil thing tech companies have ever been caught doing. Also the worst thing Steve Jobs did in his life.

Jobs was a scumbag through and through... just one more check mark on stupid shit rich business people and their respective corporations can get away with in America most of the time.

Even now it's a small sum for these companies, a few thousand dollars a person, much less than the actual pay lost due to corruption. A few billion each would've actually sent a message and actually set the victims whole.

Funny how the attorneys wanted to eat up almost 20% of the pie.

Re: U.S. judge approves $415M settlement in tech worker lawsuit

#6
post #2

Does anyone know how all that money will be distributed?

The lawsuits official information website has some information in the FAQ section about distributions.

http://www.hightechemployeelawsuit.com/

generally speaking if you are a part of the group a class action suit applies to you would have received a notice telling you about your rights. Even though the top line number seems big it probably boils down to like 2-3k per affected employee after fees and taxes.

Re: U.S. judge approves $415M settlement in tech worker lawsuit

#7

Surprisingly uninformative article! If I recall correctly per-person damages are staggering $6500.

I'm not sure if I would call that number staggering. It was noted by one person who objected to the settlement that it amounted to only 10% of the estimated savings the companies reaped from the practice.

Re: U.S. judge approves $415M settlement in tech worker lawsuit

#8
post #7

Surprisingly uninformative article! If I recall correctly per-person damages are staggering $6500.

I'm not sure if I would call that number staggering. It was noted by one person who objected to the settlement that it amounted to only 10% of the estimated savings the companies reaped from the practice.

"savings" ... more like "ill-gotten gains from racketeering"

usually the government confiscates those and then sends the perps to jail over it.

Re: U.S. judge approves $415M settlement in tech worker lawsuit

#9
post #3

This conspiracy is by far the most intentionally evil thing tech companies have ever been caught doing. Also the worst thing Steve Jobs did in his life.

It also happened when he ran Pixar, he had agreement with Disney, Dreamwork, Sony, and Lucasfilm that they would not headhunt animators from each other.

Re: U.S. judge approves $415M settlement in tech worker lawsuit

#10
post #3

This conspiracy is by far the most intentionally evil thing tech companies have ever been caught doing. Also the worst thing Steve Jobs did in his life.

Disowning his daughter was a decidedly dickish move, even if the damage was limited in numbers.
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