Intuit, Others To Pay $20M To Settle Anti-Poaching Pact Suit
By Kurt Orzeck
Law360, Los Angeles (September 23, 2013, 5:14 PM ET) -- A putative class of software engineers told a California federal court on Saturday that they had reached settlements totaling $20 million with Intuit Inc. and two other employers, in their suit accusing major technology companies of conspiring to fix pay by pledging not to lure away one another's top technical talent.
Under the terms of the deals, Intuit will pay $11 million, while Lucasfilm Ltd. and The Walt Disney Co.'s Pixar Animation Studios Inc. will pay a combined $9 million, according to plaintiffs' attorneys. Class counsel...