A federal judge Friday rejected a plan to compensate employees affected by an anti-poaching agreement involving Silicon Valley tech giants Apple, Google, Intel and Adobe. Judge Lucy Koh said in a ruling that the $324 million class-action settlement was too low, compared with a deal with other companies sealed a year ago. The court finds the total settlement amount falls below the range of reasonableness, the judge said in her ruling. The court is concerned that class members recover less on a proportional basis from the instant settlement with (the four companies) than from the settlement with the settled defendants a year ago, despite the fact that the case has progressed consistently in the classs favor since then.
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