Payments to class members will be distributed based on their pro rata share of the settlement fund, determined by their total compensation relative to other class members during the relevant period.
Origins of the Litigation
The lawsuit stems from allegations filed in 2021 after the U.S. Department of Justice (DOJ) pursued criminal antitrust charges against executives from six aerospace engineering companies, including RTX. The DOJ accused the companies of restricting hiring among each other, allegedly to keep salaries artificially low.
However, the criminal case unraveled in 2023 when U.S. District Judge Victor A. Bolden dismissed the charges mid-trial. Judge Bolden ruled that the evidence did not support claims of an illegal labor market allocation since employees could still switch between staffing firms.
Previous Settlements
In July, the engineers secured $26.5 million in settlements with five subcontracting firms, which were accused of participating in the alleged no-hire agreement. The settlements included payments of $9.9 million from Belcan Engineering Group LLC, $8.2 million from Quest Global Services NA Inc., $7.4 million from Cyient Inc., and $1 million from Agilis Engineering Inc.
