Facebook Inc (NASDAQ:FB)’s Sheryl sandberg to be questioned – INTU, AAPL, GOOG, ADBE

Boston, MA 04/03/2013 (wallstreetpr) – The chief operating officer of the Facebook Inc (NASDAQ:FB) Sheryl Sandberg has been scheduled to be questioned in some lawsuit alleging that the seven technology companies broke the antitrust laws by agreeing not to recruit any person from each other. Lucy H. Koh in San Jose, the U.S. district judge issued some ruling allowing some deposition to take pole around 23 April. The companies which are defendent in the case are the Intuit Inc. (NASDAQ:INTU), Apple Inc (NASDAQ: AAPL), and Google Inc. (NASDAQ: GOOG). Neither the Facebook nor the Sandberg who was formerly an executive at the google are the defendants.

This ruling is the most updated over the sharing of the information or any discovery in the filed lawsuit in 2011. Moreover there are some other defendants also who are Adobe Systems Incorporated (NASDAQ:ADBE), Intel Corporation (NASDAQ:INTC) and The Walt Disney Company (NYSE:DIS) Plaintiffs have argued that their discovery has almost confirmed that the senior officers at the companies have personally entered into some non- solicitation agreements so as to remove the competition for the employees of each other. They even kept the pacts hidden from the hard working workers and also supervised the addition of the plans and almost policed each other. Lawyers of the Plaintiffs have asked for some more time in this case as they want to gather much more facts regarding the case and some more witnesses before the hearing. Even the Sandberg and the Facebook did not respond to any earlier subpoena.

The company google has produced about six documents which areabout 13 pages including about two spreadsheets which is concerning some compensation and some more three calendar entries and also the employment agreement of the Sandberg with the Google according to the court filing of the 29 March. This is really getting to go some extreme place as the other companies really want to take the Facebook as it has broken the rule which all the companies did not break. They want to put down this wrong behavior of the Facebook. As all the companies didn’t recruit people from each other so it was a prior duty not to break the rule. It just did not break the rule but almost broke the pact between each other.

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Published by Flavia Carruth

Hi, I am Flavia and have done my MBA with finance as specialization and a Bachelor in Economics with 4 years of experience as Financial Analyst in leading Software Firm. I have passion for article writing, report making and stock market Analysis.

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