WOW! Intuit Antitrust Class Action Lawsuit

Filed in Intuit QuickBooks by on July 16, 2011

An Intuit antitrust class action lawsuit is a sure winner. Intuit and other leading tech companies conspired with “No Solicitation” agreements, improper data exchanges and limited compensation packages. WOW!

A former Lucasfilm employee filed an Intuit antitrust class action lawsuit. It includes Adobe, Apple, Google, Intel, Lucasfilm and Pixar. They conspired to cut employee pay with “No Solicitation” agreements. Starting in 2005 (Pixar and Lucasfilm), and continuing until at least 2009 with all defendants, the companies entered into these “No Solicitation” agreements with knowledge of the overall conspiracy. 

The Intuit antitrust class action lawsuit now seeks lost compensation, and treble damages for:

  1. Agreeing to not actively recruit each other’s employees.
  2. Notifying others of employee offers (without permission or knowledge).
  3. Capping initial pay packages offered prospective employees.

Employee competition among participants, for skilled labor, decreased. It was less than it would have been in a properly functioning labor market, where employers compete for workers. One related comment said this even involved learning a prospect’s salary from his employer, to minimize what you offer (without having consent for the contact). WOW!

On a personal note, Intuit once had a long public list of top executives. Starting in 1998, I exchanged constant emails with many of those I then called Our Intuit Friends. The link shows I was very highly regarded by current CEO Brad Smith and many other top execs, partly due to:

  1. 7,000+ mainly helpful QuickBooks newsgroup and forum posts, plus many web pages (before Intuit had much web presence).
  2. Repeat top QuickBooks beta test wins.
  3. QuickBooks ProAdvisor Advisory Council service.
  4. Helping turn Intuit opposition to QuickBooks add-ons (a term I created) into its #1 corporate priority.

This let me add emails (FirstName_LastName@intuit,com), plus many more top managers, to my web key contact list. When Intuit suddenly cut its list to almost nothing, I emailed Steve Bennett, Intuit CEO. He asked me to drop my list because recruiters constantly contacted key people. Steve had already given me permission to post what he once wrote to me (Keep raising hell when Intuit does something wrong!) and quickly changed wrong decisions, so I did so gladly.

I once called Brad Smith the Amazing Intuit CEO. He probably succeeded Steve due to chronic Intuit age-related discrimination, though I told Brad I expected this two years before it happened. Before Brad became CEO he was amazing in his near instant frequent responses to my many emails (even on Sundays), websites built in response to my suggestions and his many very helpful user-oriented acts. 

Brad once wrote to me, “You’re fantastic Mike. Absolutely fantastic!” (and allowed web posting). I really helped Brad by repeatedly pressing for QuickBooks tech-support backed user-to-user forums. Once Brad integrated them with TurboTax, and then QuickBooks, he cut wait times and increased answer quality. This let him cut a seventh of Intuit personnel. 

If I knew about a recent U.S. Department of Justice Intuit antitrust investigation, into illegal Intuit employee practices, showed that Intuit had no sense of decency. Intuit and other defendants quickly settled with the DOJ and ended anticompetitive agreements [see Intuit Admits Antitrust Violations (and lies about it)] when this became public.

The DOJ did not, however, sue for lost employee compensation (damages), so a later Intuit antitrust class action lawsuit soon won a big settlement.Intuit et al were effectively already found guilty of federal antitrust crimes. Their top executives were lucky not to face personal criminal penalties. The new lawsuit will simply decide how much each company pays in related damages, and antitrust treble damages, for the outrageous conspiracy. WOW!

Of course, the companies involved should receive no future consideration for awards like the 100 Best Places to Work. Intuit also should face antitrust action for extorting money from and monopolizing the QuickBooks hosting industry. It is doing this based on massive criminal copyright violations, by QuickBooks hosting companies and CPAs, which top Intuit execs encouraged for 13 years.

These are some of the ways in which Intuit clearly and repeatedly made a mockery of its #1 operating value (which once made many love Intuit):

Integrity Without Compromise

We hold ourselves and each other to the highest standards in all we say and do. Our actions and communications are always direct, honest, and transparent.

WOW! No wonder Intuit later tomed down these operating values.

 

 

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