Uber investor lawsuit News

Uber Wins Dismissal of Investor Suit Over Acquisition of Truck Firm Otto

Travis Kalanick, the co-founder of ride-hailing company Uber, and the company’s directors won the dismissal of an investor lawsuit that sought to hold them liable for a fight over trade secrets that slowed Uber’s push into autonomous vehicles. The lawsuit …

Judge Tosses Uber Investors’ Class Action Bid Over Stock Losses

Uber Technologies Inc. and its former Chief Executive Officer Travis Kalanick defeated a lawsuit claiming the company swept illicit business practices under the rug that cost investors billions of dollars. U.S. District Judge Haywood S. Gilliam Jr. in Oakland, California, …

Investor Sues Uber Directors Over $680M Acquisition of Autonomous Car Firm

Uber Technologies Inc. directors were accused of failing to properly review the ride-sharing company’s $680 million acquisition of a self-driving technology firm that wound up being accused of stealing trade secrets from a unit of Alphabet Inc. Uber’s board recklessly …

Uber CEO Claims Venture Capital Lawsuit Against Him Should Go to Arbitration

Ex-Uber Technologies Inc. Chief Executive Officer Travis Kalanick said the lawsuit brought by venture-capital firm Benchmark seeking his ouster from the company’s board should be heard in private arbitration. In a letter Monday to a Delaware judge, an attorney for …