Uber Technologies Inc has agreed to pay $20 million to settle a lawsuit brought ...
SAN FRANCISCO - Uber Technologies Inc has agreed to pay $20 million to settle a lawsuit brought by drivers nearly six years ago, according to court filings, resolving one of its many legal battles with drivers ahead of a hotly anticipated initial public offering this year.
The settlement amount is one-fifth of the settlement offer Uber proposed in 2016 to resolve the case, valued at up to $100 million, which U.S. District Judge Edward Chen at the time rejected as inadequate. A California Supreme Court ruling last year made it much more difficult for companies like Uber to argue that their drivers are independent contractors, a decision that poses a threat to Uber’s business model.
The settlement covers drivers in California and Massachusetts who drove for Uber from August 2009 through February of this year, according to the filing. The class is much smaller than in 2016 when the initial settlement offer was made — about 13,600 drivers between the two states compared to roughly 385,000 drivers covered by the original class-action lawsuit.
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