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Apple & Friends Pay $415M for ‘No-Poaching’ Pact

U.S. District Judge Lucy Koh has approved a $415 million settlement offer by Apple, Google, Adobe and Intel in a Silicon Valley class-action lawsuit alleging that 64,000 tech workers were defrauded by the tech giants conspiring in secret “no-poaching” agreements to suppress tech workers’ wages in “The Valley.”

Apple logo darkness (Justin Sullivan / Getty)