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US: No-hire case finished for Intuit

By  |  July 31, 2013

Reports say six companies have settled a private action lawsuit accusing the firms of violating antitrust law for their no-hire agreements; Intuit Inc. was named as a defendant in the case. The settlement is said to be similar to the agreement the companies made to end an investigation by the US Deaprtment of Justice over the no-hire contracts; lawyers represented more than 160,000 employees in the recently-settled case. In a letter sent to US District Judge Lucy Koh in California, the sides will present the terms of the settlement in the “near future.” Intuit confirmed that a settlement had been reached, but did not provide further comment on the matter. Units of Walt Disney Co has also reportedly reached a tentative settlement, and Pixar and Lucasfirm are said to have settled claims as well. Apple, Google, Intel and Adobe were also defendants named.

Full Content: Bloomberg

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