February 01, 2017

The Walt Disney Co., Pixar and Lucasfilm Ltd. LLC have agreed to a $100 million deal that would settle allegations in a class action that they perpetuated a "no poach" agreement with other companies over the hiring of animators, according to a filing in a California federal court on Tuesday.

Disney, Pixar and Lucasfilm, along with Two Pic MC LLC, agreed to pay the money to settle allegations that they violated federal and state antitrust and unfair competition laws by entering into agreements with other companies in the animation industry to not poach one another’s employees and by sharing compensation information with the aim of depressing wages, according to the proposed settlement agreement.

Animators would receive a prorated share of the money, based on their individual compensation during the class period compared to the total compensation during the period by all members of the class, according to the settlement, which must be approved by the Northern District of California.

The full article can be read here.