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Judge approves $415 million settlement in Apple and Google employee poaching scandal

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The $415 million settlement put forward by Apple, Google, Adobe, Intel, and other Silicon Valley companies over employee-hiring practices has been tentatively approved by the federal judge dealing with the case. Judge Lucy Koh rejected the first proposed settlement, worth $324 million, in August last year, saying that it wasn't high enough to make up for the lost wages employees may have suffered after the companies involved in the case allegedly set up no-poaching agreements that allowed them to set and limit wages.

Koh signed off on the latest deal after the companies involved in the case — including Pixar, Lucasfilm, and Intuit — agreed to increase the amount they paid in compensation. In August 2014, she had suggested that the companies involved bump the figure up to at least $380 million, saying that there was "ample evidence of an overarching conspiracy" between the companies. The parties involved now have three months to submit final comments before the judge grants final approval on the settlement on June 9th.