Intuit Settles California No-Hire Deal Antitrust Suit

Intuit Inc. (INTU), the largest seller of personal-finance software, settled antitrust claims by California’s attorney general over an agreement among technology companies not to hire each other’s employees, a spokeswoman for the company said.

A lawsuit and proposed judgment were filed today in federal court in San Jose, California. Diane Carlini, the Intuit spokeswoman, said in a phone interview that the case had been resolved and settlement terms weren’t immediately available.

Nick Pacilio, a spokesman for California Attorney General Kamala Harris, had no immediate comment on the settlement.

In 2010 Mountain View, California-based Intuit reached a settlement with the U.S. Justice Department over claims the company struck a deal with EBay Inc. (EBAY) not to recruit each other employees. Intuit said last year it was cooperating with the investigation by the California attorney general.

The case is the People of the State of California v. Intuit Inc., 13-02933, U.S. District Court, Northern District of California (San Jose.)

To contact the reporter on this story: Edvard Pettersson in Los Angeles at epettersson@bloomberg.net

To contact the editor responsible for this story: Michael Hytha at mhytha@bloomberg.net

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