Uber Technologies Inc. agreed to pay $20 million to settle a U.S. Federal Trade Commission lawsuit over driver compensation claims and its auto leasing program (Federal Trade Commission v. Uber Technologies, N.D. Cal., No. 3:17-cv-00261, 1/19/17).
The FTC sued the San Francisco-based ride-hailing startup Jan. 19, saying Uber made false, misleading or unsubstantiated claims about how much drivers could earn on the service. The agency alleged Uber made similar misrepresentations about its vehicle financing program.
In its complaint, the FTC said Uber’s practices “have caused its drivers to suffer millions of dollars of injury.” Uber didn’t admit to ...
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