So here we have billionaires and millionaires, a group of free market capitalists that tout meritocracy, conspiring and colluding to cripple wages for their workers. That DOJ suit became the basis of a class action lawsuit filed on behalf of over 100,000 tech employees whose wages were artificially lowered — an estimated $9 billion effectively stolen by the high-flying companies from their workers to pad company earnings Last week, the 9th Circuit Court of Appeals denied attempts by Apple, Google, Intel, and Adobe to have the lawsuit tossed, and gave final approval for the class action suit to go forward.
Posted on: Mon, 27 Jan 2014 22:08:00 +0000
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