A shareholder class action claims that Uber misrepresented its financial state during its IPO, causing the share price to drop from the $45 on May 10 to $39.05 on Aug. 9, knocking $1.1 billion off the market cap; they also sued the underwriters, in federal court.
Read moreUber et al. sued New York City, challenging its “cruising cap,” which limits the amount of time a car service without a passenger can spend in Manhattan south of 96th Street, in New York County Supreme Court.
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California lawmakers voted Tuesday to shatter the business models of homegrown companies like Uber and Lyft by approving legislation that would force the tech industry and many others to turn independent contractors into employees.
Read moreGig economy giants on Thursday threatened to pour $90 million into a ballot measure to defeat a piece of California legislation that would classify their workers as employees entitled to minimum wage and overtime, rather than as independent contractors.
Read moreA federal grand jury in California has indicted the former head of Uber’s self-driving vehicle initiative on charges of stealing Google technology and siphoning it to the ride-hail giant, prosecutors said Tuesday.
Read moreA federal court in California granted Uber sanctions against an Argentinian lawyer who claimed that the company presented him as its representative in Argentina,but launched its Buenos Aires operations without his help. The court found the lawyer’s complaint was “inaccurate” but he will be allowed to amend it.
Read moreMaking its debut during the gay pride festival in Amsterdam, ride-hailing giant Uber announced a new feature just for customers in the Netherlands: reporting discrimination by both drivers and passengers.
Read moreA federal judge gave preliminary approval Monday to a settlement between Uber and its drivers over the ride-hail’s “upfront” pricing model, after the parties boosted the deal to $395,000 to guarantee a minimum $20 payout to each class member.
Read moreWhile annoying “Taxi TV” isn’t going anywhere, the Second Circuit sided with New York City on Tuesday that it can ban advertisements in Uber and Lyft vehicles.
Read moreA federal judge refused to compel arbitration of a class action that says Uber sent unsolicited text messages to people who never used the Uber app or drove for Uber, in violation of the Telephone Consumer Protection Act.
Read moreAsking to be carved out of an unfriendly California labor proposal, Uber and Lyft announced Wednesday they would consider paid vacation and retirement benefits for their drivers if the companies are excluded from the pending legislation.
Read moreA California appeals court affirmed that Uber must comply with San Francisco’s administrative subpoenas for data and records provided to the California Public Utility Commission, as the city and county have broad authority to investigate entities they suspect of violating the law, and had reasonable suspicion that “transportation networking companies” were responsible for most of the city’s moving violations.
Read moreA federal judge indicated Thursday he will likely advance a class action that could make Uber change the way it classifies drivers as independent contractors in California.
Read moreUber drivers and other independent contractors could soon be considered employees and entitled to benefits under legislation approved Wednesday by California lawmakers.
Read moreA strike by Uber and Lyft drivers in cities across the United States this week caused barely a ripple to passengers looking to catch a ride, highlighting the challenges in launching a labor movement from scratch in an industry that is by nature decentralized.
Read moreDrivers for ride-hailing giants Uber and Lyft are turning off their apps Wednesday to protest declining wages at a time when both companies are raking in billions of dollars from investors.
Read moreTaking back his preliminary approval of a class action settlement between Uber and its drivers over the “upfront” pricing model, a federal judge said Tuesday he won’t approve a deal in which many of the drivers will receive “less than the administrative costs of mailing the check.”
Read moreThe Ninth Circuit this week expanded the reach of a game-changing state labor standard that could disrupt the gig economy in California, but obstacles remain for workers fighting to enforce the law in court.
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