"The overall settlement provides payouts of about $5,000 per employee."
So the employees who were harmed (by getting lower salaries than they could get in a competitive job market) got almost nothing (maybe one or two weeks' salary), and the companies who entered into the illegal anti-poaching agreement got off with a slap on the wrist.
"The judge's main concern with the final settlement centered on fees for the employees' lawyers -- she slashed their original $81 million request in about half in her final order."
So the big winners here were the lawyers, who walked away with about $40 million.
This is blogspam. The original article, which they link to at the bottom, is more informative:
http://www.mercurynews.com/crime-courts/ci_28751080/silicon-...
That article says:
"The overall settlement provides payouts of about $5,000 per employee."
So the employees who were harmed (by getting lower salaries than they could get in a competitive job market) got almost nothing (maybe one or two weeks' salary), and the companies who entered into the illegal anti-poaching agreement got off with a slap on the wrist.
"The judge's main concern with the final settlement centered on fees for the employees' lawyers -- she slashed their original $81 million request in about half in her final order."
So the big winners here were the lawyers, who walked away with about $40 million.