Disney agrees to pay US$100m to end no-poaching lawsuit

San Francisco

WALT Disney Co agreed to pay US$100 million to resolve claims it colluded with other animation studios to not hire one another's workers in California, where allegations of no-poaching pacts have plagued technology companies for the better part of a decade.

Disney and three of its units are the last remaining defendants in a class-action lawsuit alleging the studios conspired to suppress wages through a "gentleman's agreement" to not recruit each other's workers. Attorneys for Disney and employees submitted a court filing Tuesday seeking approval of their settlement.