Uber jury awards $8.5 million damages in sexual assault case [Los Angeles Times (CA)]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: Los Angeles Times
Arizona, raising the rideshare giant's risk of a costly settlement to resolve thousands of similar cases. The verdict reached by a nine-person jury in Phoenix on Thursday is the first time Uber has been found liable for not preventing an alleged sexual assault of a passenger. The company faces almost 3,000 similar civil lawsuits from passengers filed around the country. The company prevailed in a similar case last year in California state court. Uber said it will appeal but also hailed some of the jury's conclusions. Sarah London, a lawyer for the plaintiff, Jaylynn Dean, said the verdict “validates the thousands of survivors who have come forward at great personal risk to demand accountability against Uber for its focus on profit over passenger safety.” Uber has been fighting sexual assault claims for a decade by arguing that the company can't be blamed for misconduct by drivers, who it classifies as contractors rather than employees. It has also long struggled to fend off cr
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UBER
News
- Uber must pay $8.5 million in driver sexual assault case, jury says. Here's what it could mean for thousands of similar cases [CNN]CNN
- Uber must pay $8.5 million in driver sexual assault case, jury says. Here's what it could mean for thousands of similar cases [CNN]CNN
- Uber Technologies (NYSE:UBER) had its price target lowered by analysts at Citigroup Inc. from $120.00 to $110.00. They now have a "buy" rating on the stock.MarketBeat
- Uber found liable in sexual assault case and ordered to pay $8.5 million [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Uber found liable in sexual assault case and ordered to pay $8.5 million [Yahoo! Finance Canada]Yahoo! Finance Canada
UBER
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- 2/4/26 - Miss
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- 2/4/26 - Form 8-K
- 1/21/26 - Form 4
- 1/21/26 - Form 4
- UBER's page on the SEC website