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Apple, Google Antitrust Hiring Accord Is Rejected

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Apple Inc., Google Inc., Intel Corp. and Adobe Systems Inc. failed to win approval of a settlement of claims they schemed to not recruit each other’s workers because a judge said employees deserve more than $324.5 million.

U.S. District Judge Lucy H. Koh in San Jose, California, today ruled that the amount to be paid by the technology giants was insufficient in light of a $20 million settlement reached earlier with three other companies sued by employees -- Intuit Inc. and Walt Disney Co.’s animation studio Pixar and visual-effects specialist Lucasfilm Ltd.