Uber to Pay $1.3M Misclassification Settlement (Corrected)

Uber Technologies Inc. and drivers who say they were misclassified as independent contractors won final approval of a $1.3 million settlement.

More than 5,000 drivers will receive payouts ranging from $50 to almost $5,000, with $140 being the average.

About one-third of the settlement, or $434,750, is earmarked for attorneys’ fees, and another $90,000 will be paid to cover litigation costs and settlement administration.

The terms are a fair and reasonable resolution, Judge Catherine C. Eagles of the U.S. District Court for the Middle District of North Carolina said when she granted final approval Jan. 3.

The case, filed by ...