Apple, electric car battery maker settle employee-poaching lawsuit
Apple and A123 Systems have settled a lawsuit that alleged Apple violated non-compete clauses after it hired five employees from the lithium-ion battery maker.
A123 has agreed to dismiss its complaint and waive the right to appeal, according to court documents filed Monday in the U.S. District Court for the District of Massachusetts. The terms of the settlement are confidential.
The companies raised the possibility of settling the case in March. At that time, Apple asked the court for more time to respond to A123’s motions since it was “exploring potential resolution of this matter,” according to court filings.
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