Uber will pay $100 million to settle lawsuits in two states
Uber announced tonight that it has settled a pair of class-action lawsuits from drivers in California and Massachusetts. The settlement will pay $84 million to the plaintiffs, plus an extra $16 million if the company goes public and its valuation exceeds a set amount. Key for Uber is the agreement that it will continue to classify its drivers as independent contractors instead of employees. According to the company, it will provide more info to drivers about their ratings and how they compare to other drivers and what can get drivers banned. Finally, it will also form a driver’s association in these two states, and meet with the group quarterly to discuss issues.
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Source: Uber
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